2-bedroom flat · TQ4 6LY
For saleReduced £19.9k (−8.3%) on 22 OctListed 38 days
Opportunity summary
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About
Description Situated in a superb location in Goodrington, just a short stroll from Goodrington Beach, in such a unique location.
There is a local parade of shops just up the road from the property, offering a number of facilities, together with a public house and a regular bus service with access to Brixham and to Paignton town centre, as well as Torquay and Newton Abbot.
This purpose-built ground floor apartment is part of a development which was built in 2008, in an extremely popular location for the beach.
Now being offered for sale with no onward chain and approached via a private driveway with electric gated entrance, and having an allocated parking space for one car.
There is a security entrance with a communal entrance hallway, leading through to this ground floor apartment.
The entrance hallway gives access to the open plan lounge/kitchen area, with the kitchen having fitted cupboards and drawers with an integrated washing machine, slimline dishwasher, oven and hob and with granite worktops.
The lounge enjoys sliding patio doors to a small front patio area. There are two bedrooms, one of which has an ensuite shower room/W.C. And there is also the main bathroom/W.C.
An internal viewing is recommended.
Council Tax Band: D (Torbay Council) Tenure: Leasehold (981 years) Service Charge: £1,572 per year Entrance Security gates and security door leading into communal entrance hallway.
Door to apartment one. Entrance Hall Cupboard concealing electric consumer unit, central heating radiator, power points.
Doors to Lounge/Kitchen Lounge area - PVCu double glazed sliding patio door featuring a sunny aspect, two central heating radiators, power points, TV aerial point.
Kitchen area – Range of wall and base fitted kitchen units, integrated fridge/freezer, double oven, washing machine, slimline dishwasher, four ring gas hob with stainless steel extractor hood above, and stainless steel sink inset to granite work surfaces.
Bedroom 1 PVCu double glazed window to front, central heating radiator, power points, TV aerial point. Door to Ensuite Shower Room/W.C.
PVCu double glazed obscure window, bi-folding glass door leading into shower enclosure, small wash hand basin, close coupled W.C, chrome central heating towel radiator, extractor fan to ceiling.
Bedroom 2 PVCu double glazed window to side, central heating radiator, cupboard concealing gas boiler, power points, TV aerial point. Bathroom/W.C.
PVCu double glazed obscure window, panelled bath with glass screen and electric shower over.
Pedestal wash hand basin, close coupled W.C, fully tiled walls, chrome central heating towel radiator, extractor fan to ceiling.
Outside The property benefits from having a secure gated entrance to Sandbanks, each flat enjoying use of an undercover bin store and there is a secure entrance to the communal hallway with an intercom system.
Parking The property benefits from having an allocated parking space with one visitors’ parking space shared with all residents.
Tenure - Leasehold Length of lease - 981 years remaining Maintenance charge - £1,572 per annum - To include cleaning of communal areas, buildings insurance, automated gate, fire alarm checks, emergency lighting, communal electric supply and gardening.
No Ground Rent No holiday letting Management Company: Sandbanks (Paignton) Management Company Limited. Council Tax Band: D (Torbay Council)
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
Agent & docs
FAQ
About 1 Sandbanks, Cliff Park Road, Paignton
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