2-bedroom flat · TQ3 2BB
For saleReduced £5k (−5%) on 24 SepListed 92 days
Opportunity summary
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About
Tenure: Leasehold This well presented two bedroom retirement apartment is located within a highly regarded development in an appealing parkside setting, offering convenience for the town centre and local amenities.
Situated on the first floor, the property enjoys a sunny balcony with an attractive outlook over the communal gardens, providing a delightful spot to relax and unwind.
The good size living room benefits from plentiful natural light and a pleasant aspect, creating a welcoming space for both every-day living and entertaining.
The modern fitted kitchen is equipped with a range of integrated appliances.
There are two double bedrooms, one of which features built in wardrobes, while the second bedroom offers flexibility for guests or as a study or hobby room.
The contemporary shower room is finished to a high standard.
Residents of the development have access to a range of communal facilities, including a residents lounge (ideal for socialising and events), a guest suite for visitors, a laundry room, secure access, lift and well maintained communal gardens.
Parking is available on a first come, first served basis for both residents and guests.
The property is available exclusively to those aged 55 years and over, making it an ideal choice for those seeking a secure, sociable, and low maintenance home in a desirable location.
With its combination of modern comforts, attractive outlook, and excellent communal amenities, this apartment presents a superb opportunity for retirement living in the heart of the community.
EPC Rating: C Location Ideal location for convenience access town centre shopping and amenities.
The development adjoins Victoria park with pleasant walks, seating areas and access to Paignton seafront and promenade. Garden Well tended communal gardens with pleasant lawns and seating areas.
Parking - Off Street Residents parking on first come first served basis.
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 31 Albany Court, Paignton
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