2-bedroom flat · TQ4 6JA
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in the popular residential area of Roundham, being within walking distance of Paignton Sea Front, Paignton Harbour and Goodrington Beach.
Also, within easy driving distance to nearby towns of Brixham, Torquay and Newton Abbot.
There are good transport links in the main Paignton town centre, which is a short distance away, with Bus/Coach Station and the Railway Station.
This well presented ground floor apartment benefits from a level approach and its own private entrance, offering convenient single level living, with no onward chain.
The accommodation includes a spacious entrance hall with excellent storage, a generous open plan lounge/dining room, a well equipped fitted kitchen with integrated appliances, two bedrooms, and a fully tiled bathroom.
Externally, the property enjoys attractive communal gardens, an allocated parking space, visitor parking, and a communal bin store, making it an ideal low maintenance home.
An internal viewing is highly recommended.
Council Tax Band: D (Torbay Council) Tenure: Leasehold (975 years) Entrance Level approach with own private front door leading into Entrance Hall Spotlights to ceiling, spacious hall, power points, large built-in storage cupboard with slatted shelving housing pressurised hot water cylinder.
Doors to Lounge/Dining Room Large open room with unique layout, range of power points, T.V aerial, four PVCu double glazed sash windows, large built-in storage cupboard with slatted shelving and lighting.
Large opening into Kitchen Range of wall and base kitchen units, integrated appliances including double oven, four ring gas hob with stainless steel extractor hood above, fridge/freezer, washing machine, full sized dishwasher, stainless steel one and a half bowl sink inset to work surfaces, boiler to wall, range of power points, under unit lighting, tiled flooring, PVCu double glazed sash window to side.
Bedroom 1 PVCu double glazed sash window, range of fitted wardrobes, power points, T.V aerial point. Bedroom 2 PVCu double glazed sash window, power points, T.V aerial point. Bathroom/W.C.
Fully tiled walls and flooring, panelled bath with glass screen and shower over, fitted unit with inset wash hand basin, W.C with concealed cistern, electric wall heater, spotlights and extractor fan to ceiling.
Outside There is a level approach to apartment 15, located on the ground floor with level access from the front driveway to your own private entrance.
Communal Gardens There are communal gardens mainly laid to lawn, shared with all residents, with a gravel chipping pathway leading from the front of the building to the rear.
There is also a communal bin store. Parking There is an allocated parking space at the front of the building for apartment 15 with visitors parking available at the rear of the building.
Tenure - Leasehold Length of Lease - 999 Years from 29th September 2002 Maintenance Charges - £1,441.04 to include building insurance and maintenance of the communal areas.
Some pets may not be allowed. Council Tax Band: D (Torbay Council)
Value & comps
No previous sales on record.
Returns
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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 15 Ambassador House, Paignton
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