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See how verdicts work2-bedroom flat · TQ4 7NW
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This well presented two bedroom flat is located on the middle level of a purpose-built development, offering a prime position with exceptional sea views from its private, sea-facing balcony.
The spacious lounge/dining room enjoy plenty of natural light and open directly onto the balcony, creating a bright and inviting space.
The kitchen has some built in appliances and ample storage, ensuring a practical and stylish environment for meal preparation.
Both bedrooms are doubles, each featuring built-in wardrobes that provide plenty of storage without compromising on space.
The property also benefits from a carport parking space and a secure, lockable external store, adding convenience and peace of mind for residents.
The communal areas and gardens throughout the development are well maintained, reflecting the care and attention given to the building as a whole.
Residents will appreciate the property’s excellent location, which is ideally situated for easy access to Broadsands beach and the scenic coast path, perfect for those who enjoy coastal walks and outdoor activities.
The flat is also conveniently positioned for regular bus services, local shopping facilities, and a nearby medical centre.
Offered for sale with no onward chain, this apartment presents a superb opportunity for buyers looking to move without delay. Offered for sale chain free.
The original lease from 1967 is 99 years with 40 years remaining.
The current service charge is approximately £2631.32 per annum (paid in two parts) there is currently an additional £900 per annum (again paid in two parts) for the contingency fund.
Ground rent is £20.00 per annum. The lease does not permit letting. Pets by permission of the freeholder.
EPC Rating: D Location Situated in the favoured Broadsands area and close to both Broadsands beach and the coast path.
Local amenities include supermarket, bakery, pharmacy, medical centre and dental practice. There is a regular bus service. Paignton town centre is approximately 2 miles distance.
Communal Garden Established lawned areas of communal garden. Parking - Car Port Parking space for one car in car port area. Lockable storage cupboard with power and light to the rear of the carport.
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
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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
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FAQ
About 3a Silver Bridge Close, Paignton
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