We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · TQ4 6NS
Listing removedListed 1160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This park home is situated in a sought after location on the outskirts of Paignton, close to local shops, restaurants and local beaches.
The property comprises two bedrooms, master with ensuite, large open plan living space and separate shower room. An internal viewing is highly recommended to appreciate the positioning of this site.
Front Aspect From the pathway a stepped approach rises up to a composite deck wrapping around one side and front of the home. UPVC and obscure glazed front door leads into...
Living Accommodation Large open plan kitchen/dining room/living room area.
The kitchen comprises contemporary modern base and wall mounted units, roll edge complementary work surface over, inset chrome sink and drainer with mixer tap over, inset gas cooker with double oven below and four ring gas hob with filter above, eye level microwave, integral into the lower units is a full sized dishwasher, washer/dryer and fridge/freezer.
UPVC double glazed windows to both sides aspects and front aspect, double patio doors open onto the private composite deck enjoying far reaching views Torquay hillside and Torbay in general.
Inset feature electric fireplace with complementary surround, two wall mounted radiators, three ceiling light points.
Half carpet flooring in the living space and a vinyl floor in the kitchen/dining area. Contemporary door leads into... Hallway Doors lead of into individual rooms, spotlights into the ceiling.
Main Shower Room Enclosed shower cubicle with mains fed shower over and sliding doors, low level WC with chrome dual flush, wash hand basin inset into vanity unit with cupboards underneath and mixer tap over, extractor fan, uPVC obscure glazed window to the side aspect, single ceiling light point, chrome ladder style wall mounted radiator.
Bedroom Two Spotlights inset into the ceiling, built in wardrobe with drawers underneath, wall mounted radiator, uPVC double glazed window enjoying side aspect again of Torquay hillside and Torbay in general and enjoying far reaching views.
Bedroom One UPVC double glazed windows enjoying similar views, radiator, spotlights inset into the ceiling, built in vanity unit with wall mounted mirror and overhead cupboards and shelving.
Door leading to large walk in wardrobe and door leading into the en suite. Walk In Wardrobe Shelving, railing for hanging space, radiator, consumer unit and single ceiling light point.
En Suite Shower Room Low level WC with chrome dual flush, pedestal wash hand basin with chrome mixer tap over, enclosed shower cubicle with mains fed shower and wall mounted bathroom cabinet with mirror front.
UPVC and obscure glazed window to the side aspect, radiator. Required Information Tenure - Leasehold - 14 years from 2022.
Fee for that pitch is approx £7,475 pa Council Tax - N/A This property is for holiday use only. The sale is subject to a 15% plus VAT site fee of the purchase price, to be paid by any purchaser.
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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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
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FAQ
About 221, Waterside Holiday Park, Paignton
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