3-bedroom house · TQ3 3AU
Sold STCReduced £10k (−5.3%) on 23 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular and predominantly level area of Paignton, this well-presented three-bedroom home is conveniently positioned for access to the town centre, Oldway Mansion and the highly regarded Preston area, where a further selection of shops and local amenities can be found.
Paignton's bus, coach and railway stations are also within easy reach, providing convenient transport connections throughout Torbay and beyond.
A welcoming entrance hall leads into the accommodation via a double-glazed front door.
Positioned at the front of the property is a separate dining room, while towards the rear lies a generously proportioned living room.
This attractive reception space features a freestanding stove set within a characterful exposed-brick fireplace with a distinctive arched surround.
The staircase rises from the living room to the first floor, with a substantial understairs cupboard providing useful storage and housing the utility meters and gas boiler.
Completing the ground-floor accommodation is a modern kitchen and dining area, fitted with a range of soft-cream units complemented by solid oak work surfaces and a tiled splashback.
A ceramic one-and-a-half-bowl sink and drainer is positioned beneath a double-glazed window overlooking the garden.
Integrated appliances include an Indesit oven, an inset gas hob with an extractor above, and separate integrated undercounter fridge and freezer units.
The adjoining dining area comfortably accommodates a four-seater table and is positioned beside sliding patio doors opening directly onto the rear garden. The first floor provides two double bedrooms.
The principal bedroom benefits from fitted wardrobes extending across one wall and designed to follow the ceiling slope.
The second bedroom overlooks the rear garden and currently incorporates space and plumbing for a washing machine.
A further staircase leads to the second floor, where a generously sized third bedroom is brightly lit by a Velux-style roof window.
Outside, the enclosed rear garden has been attractively arranged for ease of maintenance, with artificial lawn and a paved patio providing space for outdoor seating and dining.
Enjoying a desirable southerly aspect, the garden benefits from sunlight throughout the day.
Side access leads from the front of the property and provides an additional useful area alongside the house.
Council Tax Band: B (Torbay Council) Tenure: Freehold Broadband options available at the property include: * Standard broadband (16Mbps download, 1Mbps upload) * Superfast broadband (35Mbps download, 6Mbps upload) * Ultrafast broadband (1800Mbps download, 220Mbps upload) - Networks in area - Openreach, Virgin Media
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 12 Millbrook Road, Paignton
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