1-bedroom flat · TQ3 2SZ
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular level location, within easy reach to Paignton town centre as well as being close to Oldway Mansion and the busy suburb of Preston, with further local shops and amenities.
There are good transport links in Paignton town centre with Bus/Coach Station and Railway Station.
A well-proportioned first-floor flat offering bright and comfortable accommodation, together with its own front garden and a versatile rear outside space, offered for sale with no onward chain.
The property is accessed via a communal entrance with stairs leading to the flat.
Inside, the accommodation comprises an entrance hall, a spacious lounge with front-facing windows, a double bedroom, a fitted kitchen with access to the rear, and a bathroom with bath, electric shower, wash hand basin and W.C.
Outside, the flat benefits from its own front garden and a rear concreted area.
This space can provide off-road parking for a small vehicle, although the access is restricted in width, or could alternatively be used as a low-maintenance garden.
There is also gated access to the rear lane. An internal viewing is recommended.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (967 years) Entrance Level approach, obscure door leading into Communal Entrance Electric consumer unit and meter to wall, PVCu double glazed obscure door giving access to the flat.
Entrance Hall Night storage heater, stairs rising to first floor. First Floor Landing Split level landing with power points, access to loft, obscure glass allowing in borrowed light.
Doors to Lounge Three windows to front aspect, power points, night storage heater, electric fire inset to fire surround.
Double Bedroom PVCu double glazed window to rear aspect, power points, electric wall heater.
Kitchen PVCu double glazed window to rear aspect and obscure door leading out with steps down to the rear garden/parking area.
Fitted wall and base kitchen units, power points, stainless steel sink inset to work surfaces, space and plumbing for washing machine, airing cupboard with slatted shelving housing immersion heater.
Bathroom/W.C. PVCu double glazed obscure window to side aspect, panelled bath with electric shower over, pedestal wash hand basin, low-level flush W.C, part tiled walls.
Outside To Front The front garden belongs to the first floor flat and is mainly laid to concrete with inset borders, laid to slate chippings with level approach to front door.
Outside To Rear Accessed from the kitchen, there are external steps leading to the rear of the property.
The property benefits from its own concreted area which could be utilised as off-road parking for a small vehicle, with a gate to the rear access lane or alternatively, could be utilised as garden space.
Tenure - Leasehold Council Tax Band: A (Torbay Council) Length of lease 999 years from 28th April 1994 Maintenance on a 50/50 split - as and when basis. Peppercorn rent.
Assured shorthold tenancy allowed. Agents Note We believe that the freeholder (ground floor flat) has a right of way access through the rear garden/driveway area.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 19a Higher Polsham Road, Paignton
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