1-bedroom flat · TQ3 3AF
Listing removedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a well-proportioned first-floor studio apartment, this studio flat offers an excellent opportunity for those seeking comfortable and convenient living in a central location.
The property features a spacious main bedroom and living area, providing ample room for both relaxation and versatile furniture arrangements.
The kitchen area is thoughtfully designed to maximise space and functionality, making it suitable for a range of culinary needs.
The flat benefits from a dedicated shower room, which is separate from the WC.
With on-street parking available, this property is well suited to those who require easy access to transport links or local amenities, all of which are within walking distance due to its highly desirable central position.
The rent includes water charges, offering added value and simplifying monthly budgeting for tenants.
The property is presented in good condition throughout, with neutral décor that allows for personalisation to suit individual tastes.
Located within a well-maintained building, the flat is ideal for professionals, or individuals looking for a low-maintenance home in the heart of the community.
Council Tax Band A ensures cost-effective living, and the property’s energy performance certificate is to be confirmed (EPC - tbc).
This apartment combines the convenience of city living with the comfort of a thoughtfully arranged interior, making it an appealing choice for those who value both practicality and style.
Early viewing is highly recommended to appreciate the full potential of this attractive flat.
EPC Rating: E Criteria & Notes Criteria - /No Smokers Notes: In order to qualify for a tenancy without a guarantor the total annual income required between the tenants is a minimum of 36 times the monthly rent.
If a guarantor is required the calculation is 42 times the monthly rent.
The 1st month's rent will need to be paid in advance and to reserve the property 1 week's rent is payable as a holding deposit, this is will go towards the full deposit should referencing be satisfactory.
The holding deposit will not be refundable should you fail your referencing or pull out from renting the property. Referencing forms must be completed within 7 days of paying the holding deposit.
The full deposit is equivalent to 5 weeks' rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3, 13 Church Street, Paignton
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