4-bedroom detached house · TQ3 1LH
Sold STCListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive detached, bay-fronted family home is located in a popular and well-established residential area and has been lovingly maintained by the same owners for many years.
Outside, the property boasts a generous frontage, mainly laid to lawn, with a driveway providing off-road parking for one to two vehicles and access to a single garage.
Description The spacious and well-proportioned accommodation briefly comprises an entrance lobby, a downstairs cloakroom, and a welcoming hallway with access to the main living areas.
On the ground floor, there is a bright and comfortable lounge, a separate dining room, and a study—ideal for home working.
The kitchen/breakfast room is fitted with granite work surfaces, an integrated double oven, and a hob, offering a practical and stylish cooking space.
Upstairs, the property offers four generously sized bedrooms.
The main bedroom benefits from a private en-suite shower room/WC, while the remaining bedrooms are served by a well-appointed family bathroom/WC.
The rear garden is thoughtfully tiered and features modern glass balustrading, areas of timber decking, a central lawn, and a large vegetable patch at the top.
Surrounded by mature plants, shrubs, and fencing, the garden offers a delightful outdoor space for families and keen gardeners alike.
Location This property enjoys a highly sought-after residential location in the lower part of Preston, conveniently positioned close to the popular Oldway Primary School and a range of local amenities.
Preston's local shops and the picturesque seafront—featuring beaches and a scenic promenade—are approximately three-quarters of a mile away, while Paignton town centre lies just one and a half miles from the property.
Preston offers an excellent selection of amenities, including supermarkets such as Tesco and Sainsbury’s, a doctors’ surgery, a sub post office, and various independent shops and services.
Material Information What3words: ///steep.payer.cage Freehold Property Off Road Parking, Garage Councill Tax Band - E (Torbay Council) Services - Electric, Gas & Water Outside Electrics The property has solar panels which are owned (7 panels) and income from this is approx £900pa
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.
Area
Agent & docs
FAQ
About Southfield Avenue, Preston, Paignton, Devon
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