3-bedroom house · TQ4 7AL
For saleReduced £4k (−1.5%) on 21 AugListed 139 days
Opportunity summary
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About
Description The property is situated in the popular residential area of White Rock, within close proximity to White Rock Primary School and is convenient for a range of amenities, including supermarkets and shops, other Primary schools, College, bus routes and gym etc.
There is also a play park nearby the property. This three-bedroom property offers well proportioned accommodation throughout and benefits from a sunny rear garden.
The entrance hall provides access to a useful storage cupboard with space and plumbing for a washing machine and tumble dryer, together with stairs rising to the first floor.
The ground floor features an open plan lounge, dining room and kitchen. The lounge enjoys a large front-facing window and a fitted log burner.
The dining area offers space for a table and chairs, while the kitchen is fitted with a range of shaker-style wall and base units, work surfaces, a one and a half bowl sink, integrated oven and ceramic hob with extractor hood over.
There is also space for a fridge/freezer and dishwasher, along with an understairs storage cupboard. A door leads directly to the rear garden.
On the first floor there are three bedrooms, two of which benefit from recessed hanging space.
The bathroom comprises a panelled bath with shower over, wash hand basin and heated towel rail, with a separate W.C located alongside.
The landing also provides access to the loft and an airing cupboard housing the gas boiler.
Externally, the property is approached via a shared driveway with a gravelled frontage and pathway leading to the entrance.
To the rear is an enclosed garden with a sunny aspect, mainly laid to lawn and bordered by fencing and hedging. The garden also benefits from side access, an outside tap and external power points.
An internal viewing is highly recommended to appreciate the accommodation on offer.
Council Tax Band: B (Torbay Council) Tenure: Freehold Entrance Level approach with PVCu double glazed obscure door leading into Entrance Hall Stairs rising to first floor.
PVCu double glazed window to front, central heating radiator, door into utility cupboard with space and plumbing for washing machine and space above for tumble dryer.
Doors to Lounge/Kitchen/Dining Room Lounge area - Large PVCu double glazed picture window to front, fitted log burner inset to chimney breast.
Dining area - PVCu double glazed window to rear, space for dining table and chairs, central heating radiator, power points, opening into Kitchen area - Door leading back into entrance hall, built-in under stairs storage cupboard, power points, range of wall and base fitted kitchen shaker style units, space for tall fridge/freezer, fitted larder cupboard housing electric consumer unit, integrated single oven and four ring ceramic hob with stainless steel extractor above, pull out bin unit, space and plumbing for freestanding dishwasher, one and a half bowl sink inset to work surfaces with PVCu double glazed window and PVCu double glazed obscure door leading out to the rear garden, spotlights to ceiling.
First Floor Landing Access to loft, door into built-in airing cupboard housing the gas boiler with slatted shelving, doors to Bedroom 1 PVCu double glazed window to front, central heating radiator, power points, recess with hanging space for clothes.
Bedroom 2 PVCu double glazed window to front, recess with hanging space for clothes, central heating radiator, power points.
Bedroom 3 PVCu double glazed window to rear, central heating radiator, power points.
Bathroom PVCu double glazed obscure window, panelled bath with glass screen and shower over, pedestal wash hand basin, chrome central heating towel radiator.
Separate W.C PVCu double glazed obscure window to rear, close coupled W.C. Outside To Front There is a shared driveway laid to gravel chippings with an inset tree and pathway to front door.
Outside To Rear The rear garden is of a great size featuring a sunny aspect, external power point, fencing to sides and hedging surrounding the boundary.
There is a gate leading to the side and the front of the property, outside tap, mainly laid to lawn offering great potential. Tenure - Freehold Council Tax Band: B (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.
Area
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FAQ
About 16 Gibson Drive, Paignton
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