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See how verdicts work1-bedroom house · TQ4 5DU
No longer listedReduced £5k (−5.6%) on 29 SepListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A well-presented ground-floor retirement apartment set within the sought-after Cypress Court development in Paignton, offers comfortable and secure accommodation for those seeking independent later-life living.
The property enjoys its own private entrance and is offered to the market with no onward chain.
The apartment opens into a welcoming hallway, where there is a large walk-in storage cupboard and a further utility cupboard housing the meters.
From the hallway, a door leads through to a spacious lounge/dining room, providing a bright and practical living space with direct access to a small private courtyard garden via a double-glazed door.
The lounge/dining room also leads into the modern fitted kitchen, which is well arranged and equipped with an integrated eye-level oven, inset electric hob, under-counter fridge and under-counter freezer.
The double bedroom is generously proportioned and benefits from built-in wardrobes with mirrored bi-fold doors.
Serving the apartment is a modern shower room, fitted with a large shower cubicle with handrails, a vanity unit with wash basin and storage beneath, and a low-level WC.
Cypress Court comprises 45 purpose-built retirement apartments and provides a welcoming residential environment with a range of communal facilities.
These include beautifully maintained communal gardens, a residents' lounge for social gatherings, an on-site laundry room, residents' parking and a guest suite for visiting friends and family.
The development also benefits from a secure entry system, a visiting house manager and a 24-hour Appello call system, with emergency alarms installed in most rooms for added peace of mind.
Further features include double glazing, high-level sockets and all-electric heating, with the property designed to offer ease of use, comfort and accessibility.
Cypress Court is ideally positioned within level walking distance of Youngs Park, Goodrington Beach and Clennon Leisure Centre, providing an excellent balance of nearby amenities, outdoor recreation and coastal walks.
This apartment represents an attractive opportunity for buyers seeking a secure, manageable and well-located retirement home in Paignton.
Council Tax Band: C (Torbay Council) Tenure: Leasehold (106 years) Ground Rent: £425 per year Service Charge: £3,500.12 per year The property benefits from a 125-year lease from 1st July 2007.
The service charge for 2026/27 is £3,500.12 (payable in two instalments in March and September 2026).
This charge covers building insurance, general maintenance, window cleaning, water rates, and gardening, ensuring hassle-free living.
The development is managed by FirstPort, providing professional oversight and support. Broadband options available at the property include: * Standard broadband (17Mbps download, 1Mbps upload).
* Superfast broadband (80Mbps download, 20Mbps upload). * Ultrafast broadband (1800Mbps download, 220Mbps upload).
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.
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FAQ
About 6 Cypress Court, Paignton
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