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See how verdicts work4-bedroom house · TQ3 3UQ
For saleReduced £25k (−5.9%) on 20 AugListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a private setting, this exceptional detached former stable has been thoughtfully converted to create a truly distinctive four-bedroom residence, seamlessly blending character features with contemporary design.
Description A striking interior finished to a high modern standard offers spacious, light-filled accommodation centred around an open-plan living area, ideal for both everyday living and entertaining.
Clean lines, quality fittings, and thoughtful design create a sleek feel while retaining subtle character.
The property features four well-proportioned bedrooms, including a stylish principal suite, alongside contemporary bathrooms. Large windows throughout enhance the sense of space and natural light.
Set within a private, detached plot, the home also benefits from versatile outdoor space-perfect for relaxing or entertaining-making this a rare and distinctive blend of character and modern living.
Location Situated in the sought-after Waterleat area, on the edge of Primley Woods, the property enjoys a convenient yet peaceful setting with easy access to the seaside town of Paignton, known for its beaches, amenities, and vibrant atmosphere.
A range of shops, supermarkets, schools, and leisure facilities are close by, while excellent transport links provide straightforward connections to Torquay and Brixham.
The surrounding area also offers scenic coastal walks and green spaces, ideal for those seeking a relaxed lifestyle with everyday convenience.
Directions What3Words ///tunes.films.veal Material Information Freehold Council Tax Band E Private Driveway Parking for two cars
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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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 The Ridings,, Waterleat Road, Devon
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