1-bedroom flat · TQ3 3QY
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 1 bedroom ground floor flat with its own private entrance and enclosed patio garden. Comprises 1 Bedroom, Lounge through to Kitchen, Hallway and Bathroom.
Gas central heating and UPVC double glazing throughout. Parking spcae to the rear off of Marldon Avenue.
The property is located on Colley End Road which provides easy access to transport links, local amenities and Paignton town centre.
Accommodation UPVC double glazed front door leads into :- hallway Circuit breaker box. Doors leading to principle rooms.
Living room 12' 5" x 10' 3" (3.81m x 3.14m) UPVC deep, double glazed bay window overlooking the front of the property. Central heating radiator.
Open plan archway leading through to; kitchen 10' 3" x 5' 8" (3.14m x 1.75m) UPVC Double glazed window to the front. A range of wall and base units with work surfaces over. Sink and drainer.
Built in electric oven with a 4 ring gas hob and cooker hood. Space for a washing machine and undercounter fridge or freezer. Part tiled walls. Wall mounted boiler.
Bedroom 13' 5" x 12' 5" (4.09m x 3.81m) UPVC double glazed window overlooking the rear of the property. Built in wardobe/storage. Piv fan. Central heating radiator.
Bathroom Obscure UPVC double glazed window to the side of the property. A three piece suite comprising a bath with shower over, low level WC and a wash hand basin. Medicine cabinet. Part tiled walls.
Central heating radiator. Outside To the front there is a level garden area and gated access to the side where you can find the front door.
To the rear there is a courtyard area with block built store. Steps lead up to the Parking space which is accessed of Marldon Avenue. Agents notes Council Tax Band A. All mains services connected.
Parking to the rear off of Marldon Avenue.
Prospective tenants must have good references and be able to show a gross earned income of circa £23000 per annum and be able to pay the first months and 5 weeks rent as a deposit to take up the tenancy.
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.
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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 76a, Colley End Road, Paignton
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