We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TQ3 2RW
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £100,000 - £110,000 property description A well-presented one bedroom ground floor flat ideally positioned within a popular area of Paignton, within easy reach of the seafront, town centre and a wide range of everyday amenities.
Offered to the market with no onward chain, the property provides a fantastic opportunity for first-time buyers, investors or those looking to downsize.
The accommodation comprises a fantastic-sized lounge, fitted kitchen, generous double bedroom and bathroom, whilst outside is the added benefit of an allocated parking space.
The property also benefits from a long lease together with a 1/7 share of the freehold.
Communal entrance A communal entrance provides access into the building and through to the property’s ground floor accommodation.
Entrance hallway A welcoming entrance hallway providing access to the principal rooms within the flat.
Lounge A fantastic-sized reception room offering plenty of space for a comfortable sofa suite alongside additional living room furniture.
Large windows allow an abundance of natural light into the room, creating a bright and inviting principal living space.
Kitchen A practical galley-style kitchen offering a range of fitted cupboard and worktop space. The kitchen comes equipped with a built-in electric oven and hob alongside further space for appliances.
Bedroom A generously proportioned double bedroom with ample space for a large double bed, wardrobes and additional bedroom furniture.
Bathroom A well-proportioned bathroom comprising a three-piece suite and conveniently positioned to serve the accommodation.
Outside Allocated parking The property benefits from its own allocated off-road parking space.
Location The property is conveniently positioned for a fantastic range of local amenities, with Paignton seafront, beach and promenade all within easy reach.
Paignton town centre provides a wide selection of shops, cafés and everyday services, alongside excellent bus and railway connections throughout Torbay and further afield.
The location also provides convenient access towards both Preston and Goodrington, making this an excellent base for enjoying the surrounding coastline.
Leasehold information We have been advised that the property benefits from a 999-year lease from 1991 together with a 1/7 share of the freehold.
We have further been advised of the following: Ground Rent: £0 Service Charge: Approximately £1,800 per annum (tbc) Council Tax: Band A Tenure: Leasehold with 1/7 share of freehold Prospective purchasers should ask their legal representative to verify all leasehold information, service charges and associated terms prior to exchange of contracts.
Agents notes These details are meant as a guide only. Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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
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 advisers 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
.png)
FAQ
About Dunmoil, 30,Flat 1, Preston Down Road, Paignton
Explore nearby