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See how verdicts work1-bedroom flat · TQ4 6AU
For saleReduced £8k (−7.4%) on 21 OctListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated just off of Paignton Seafront, being extremely well situated for all the local shops and amenities of Paignton town centre.
In a level location close to the beach and level walk to good transport links, with the bus/coach station and railway station being close at hand.
Accessed via a communal entrance with stairs leading to the first floor, this well-presented apartment offers bright and comfortable accommodation throughout.
The spacious open plan lounge/kitchen enjoys dual aspect windows, allowing plenty of natural light, and is fitted with a range of base units, an integrated electric hob, oven and extractor hood, together with space for additional appliances.
The property also benefits from a generous double bedroom and a modern shower room featuring a walk-in shower, wash hand basin, W.C and a heated towel rail. An internal viewing is recommended.
Council Tax Band: A (Torbay Council) Communal Entrance Stairs rising to first floor and door to flat 4.
Entrance Hall Radiator, cupboard housing electric meter and consumer unit, doors to Open Plan Lounge/Kitchen Spacious room with PVCu double glazed windows to front and side aspects, radiator, power points, wall and base fitted kitchen units, integrated four ring hob with stainless steel extractor hood above, single oven, space and plumbing for washing machine, stainless steel sink inset to work surfaces, space for under counter fridge and freezer, cupboard concealing electric boiler.
Bedroom Double bedroom, PVCu double glazed window to front aspect, radiator, power points. Shower Room/W.C.
Part tiled walls and tiled flooring, extractor fan to wall, walk-in shower with glass door and shower over, pedestal wash hand basin, close coupled W.C, chrome heated towel radiator.
Tenure - Leasehold Length of Lease - 999 years from 1st September 2021 Maintenance Charge - £360 per annum Management Company - Garfield Road Management Company Assure shorthold tenancy allowed Holiday letting allowed Pets allowed Council Tax Band: A (Torbay Council)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 4, 1 Garfield Road, Paignton
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