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See how verdicts work2-bedroom flat · TQ3 1LH
For saleListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose-built apartment is situated on the ground floor and benefits from its own private entrance.
The apartment represents an excellent opportunity and viewing is highly recommended to appreciate the space, location and outlook.
Description Upon entering the apartment, you are welcomed into a hallway leading to a bright and spacious lounge/dining room with access to a balcony offering wide-reaching views across the surrounding area.
A door from the living space leads through to the kitchen. The property features two well-proportioned bedrooms and a bathroom with WC.
Further benefits include an allocated parking space, along with additional visitor parking.
Location Located in the popular Oldway area of Preston, this home benefits from being just a short distance from the beautiful Preston seafront, with its sandy beaches and scenic promenade.
Preston is a lively suburb with a great selection of local shops and services, including Tesco, Sainsbury’s, a gp surgery, and a sub-post office.
Families will also appreciate the proximity to the well-regarded Oldway Primary School.
Directions Whatthreewords://goat.city.cried Material Information Leasehold Property - 999 year lease (from 16th December 1991), the seller has confirmed they pay a monthly service charge of £65pcm (next review date 1st Jan 2026) Ground Rent Is £1pa.
Services Charges - Payable To Oldway View Management. Off Road Parking Services - Electric & Water Council Tax Band - C (Torbay Council) No Holiday Lets Or Sub Letting On A Water Meter
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Flat 2, Handley Court, 29, Southfield Avenue, Paignton
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