2-bedroom flat · TQ4 5HR
For saleReduced £10k (−6.3%) on 5 OctListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description A well presented two bedroom first floor flat located within the sought after location of Goodrington, Paignton.
The property comprises of a welcoming entrance hallway, a bright and spacious living room, kitchen, two double bedrooms, a family bathroom and communal gardens.
The development is perfectly situated within close proximity to an array of amenities including Goodrington sands beach, clennon Valley, local shops, bus links and more.
Entrance hallway A composite double glazed front door opens into a wide and welcoming entrance hallway, providing access to all principal rooms.
The hallway benefits from two deep fitted storage cupboards, a gas central heating radiator, and creates an inviting first impression of the home.
Kitchen A modern fitted kitchen featuring a comprehensive range of wall, base and drawer units with roll edged work surfaces over.
Incorporating a composite sink and drainer unit, electric cooker, integrated fridge freezer, and space and plumbing for a washing machine.
Finished with tiled splashbacks, a wall mounted Worcester combination boiler, and a uPVC double glazed window allowing for plenty of natural light.
Living/dining room A wonderfully spacious and light filled living room enjoying delightful views across the historic steam railway.
Offering ample space for both comfortable seating and a dining area, the room also benefits from TV and internet points, uPVC double glazed windows, and a gas central heating radiator.
Bedroom one A generously proportioned principal bedroom enjoying attractive views towards the steam railway.
Offering ample space for bedroom furnishings, the room is complemented by a uPVC double glazed window and a gas central heating radiator.
Bedroom two A well proportioned second double bedroom overlooking the attractive communal gardens to the front of the property.
Offering generous space for furnishings, the room also benefits from a uPVC double glazed window and a gas central heating radiator.
Bathroom Appointed with a three piece suite comprising a low level WC, pedestal wash hand basin, and a panelled bath with shower attachment and glazed shower screen, complementary wall tiling, extractor fan, and a chrome heated towel rail.
Outside The property is surrounded by well maintained communal gardens, predominantly laid to lawn, providing an attractive outdoor space for residents to enjoy.
Parking On street parking is available within this private road, offering convenient parking for residents and visitors.
Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 85 years remaining (125 years from 1986) Ground rent: £10/year Service charge: £110/year Council tax band: B EPC rating: C The building Mid-terrace flat, standard construction Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three good, EE great Parking: Private Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN391737): - The owner is not allowed to sell or transfer the property if doing so would break specific rules or prohibitions listed in the lease.
- The owner must not build any new structures or make additions to existing buildings within ten feet of the neighbouring railway land without first submitting plans and getting written approval from the railway authority.
- The owner must follow various historical rules and conditions mentioned in a 1972 legal document. No environmental risks recorded All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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 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 56, Great Western Close, Paignton
Explore nearby