3-bedroom house · TQ3 1HD
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2996702.
An immaculately presented, high spec, completely refreshed, extended 3 bedroom semi - detached family home, with driveway parking for 4-5 cars and a double garage, plus rear store Completely Refreshed Inside & Out Driveway parking for 4-5 cars and a Double Garage, plus rear store, all with light and power Completely Redecorated Popular & Sought After Preston Area 2 x Double Bedrooms & 1 x Good Size Single Full Gas Central Heating & Double Glazing Usable Attic space with Boarded Flooring and Lighting.
The Attic is well Insulated All windows have fitted blinds Integrated Kitchen Appliances Including - Fridge / Freezer, Dishwasher, Oven, Hob, Extractor (Vented to Outside).
Freestanding Appliances including, washing machine and Tumble Dryer Brand New Composite Decking with Outside Lighting Mains Smoke Detectors, Co2 Detector & Full LED Lighting throughout Close to the Ring Road, local shops on your doorstep and a number of highly rated schools close by, including Preston Primary School Electrical & Gas Safety Certificated EPC Rating: C Local & Highly Experienced (20+ Years) Family Landlord - One to One Communication and Management National Residential Landlord Association (nrla) Member Downstairs The large, open-plan kitchen / diner comes with a number of fully fitted integrated appliances, including a fridge / freezer, dishwasher, oven, hob, extractor and a free-standing washing machine and tumble-dryer.
The whole area is lit by LED spotlight lighting. There is a useful downstairs WC and a roomy lounge with an electric fireplace. Understairs storage cupboards also provide handy additional storage.
Upstairs Upstairs are two large double bedrooms and a good sized single. The main bathroom has a separate bath, shower, WC and vanity unit, along with a tall heated ladder towel rail and is LED lit.
There is also a usable attic space with boarding and a collapsible ladder. Outside The property has a sizable driveway with parking for 4-5 cars.
As well as a double garage with two up and over doors, both with light and power, as well as a hose point inside the garage and another on the drive. A secure rear store provides additional storage.
A brand new, high quality, composite anthracite deck is perfect for entertaining, along with an outside power point. All the main areas of the house have suitable outside lighting.
General Please see the attached floorplan for the layout and dimensions of the property.
Services Mains Water, Drainage, Gas and Electric all connected and metered Local Authority: Torbay District Council, Town Hall / Current Band Rating: C EPC Rating: C nb: The washing machine and tumble dryer have been left by the previous tenant and do not form part of the landlord's provided fittings for maintenance.
Nb:- Available for viewings now, pets considered (on a case by case basis), full deposit (5 x weeks equivalent to rent), full references and a completed application pack, are all required prior to any potential letting being agreed.
The provision of a guarantor will considerably help any application submitted and will be a standard requirement in all but the vast majority of applications (the guarantor must be a UK property owner).
This property is managed by a local, family-run company, who own all their properties and therefore really care about them and their tenants.
The landlord takes pride in providing an exceptional standard of housing and giving all tenants a fast and efficient service, which is unmatched in the local area.
Summary & Exclusions: - Rent Amount: £1,650.00 per month (£380.77 per week) - Deposit / Bond: £1,903.84 - 3 Bedrooms - 2 Bathrooms - Property comes unfurnished - Available to move in from 28 September 2026 - Maximum number of tenants is 5 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: C If calling, please quote reference: 2996702 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Preston Down Avenue, Preston, Paignton
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