4-bedroom semi-detached house · TQ4 7LT
For saleReduced £10k (−3.1%) on 20 JunListed 245 days
Opportunity summary
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About
Situated at Gibson Road, Paignton, this four-bedroom semi-detached home represents an exciting opportunity for buyers seeking a property with significant scope to add space and value.
Offered with no onward chain, the house is an unfinished project that already benefits from substantial building works, providing a strong foundation for those wishing to complete and tailor a spacious family home to their own specification.
The property has been extended to both the rear and side, with construction partially completed.
The rear extension has been added to increase the overall living space, while the single-storey side extension, once finished, will provide the potential for two additional bedrooms or reception rooms, along with a separate W.C.
These extensions considerably enhance the footprint of the house and offer flexible accommodation options, ideal for growing families, multigenerational living, or those needing home office space.
Internally, the original house offers a well-balanced layout. An entrance porch leads into the main accommodation.
On the ground floor there is a bedroom to the front, which was formerly the garage and now provides useful ground-floor living or guest accommodation.
The lounge is a comfortable space, featuring an attractive electric log burner that creates a focal point and adds warmth and character. From here, a staircase rises to the first floor.
To the rear of the property lies the kitchen, which opens into a utility room.
Both areas have doors leading directly into the rear extension, allowing for seamless integration once building works are completed.
This layout offers the potential to create an impressive open-plan kitchen and family area, subject to final design choices.
The first floor comprises three good-sized bedrooms, one of which benefits from an en-suite shower room.
In addition, there is a separate family shower room, ensuring practical and convenient facilities for family living.
Externally, the property enjoys gardens to the front, side, and rear, offering ample outdoor space.
The rear garden is a particular highlight, enjoying a sunny southerly aspect, making it ideal for outdoor dining, entertaining, or simply relaxing in the sun once landscaping is completed.
Overall, this property offers lots of potential for buyers prepared to finish and personalise an ongoing project.
With generous accommodation, extensive extensions already underway, and a desirable sunny garden, this is a rare chance to create a substantial home in a popular Paignton location.
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 106, Gibson Road, Paignton
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