3-bedroom house · TQ4 5NG
For saleReduced £5k (−3%) on 30 SepListed 84 days
Opportunity summary
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About
Description Situated in the popular location of St Michaels within easy reach of Paignton town centre, with good transport links by Paignton bus and train station.
This spacious mid terrace house offers scope and potential and is now in need of a programme of refurbishment and modernisation and is offered for sale with no onward chain.
The accommodation briefly comprises of entrance hallway, separate lounge and separate dining room with access into the kitchen at the rear with a door giving access to the rear courtyard garden.
On the first floor there are three bedrooms and a family bathroom and separate W.C.
There is a small garden area at the front of the property with the rear courtyard garden being utilised as off road parking accessed via the service lane at the rear of the property and a further small courtyard area.
Council Tax Band: B (Torbay Council) Tenure: Freehold Entrance PVCu double glazed front door leading into Entrance Hallway In need of some decoration with doors leading off to Lounge With PVCu double glazed bay window to front, fireplace with gas fire, power points.
Separate Dining Room PVCu double glazed window to rear, fitted cupboards, gas fire inset to fireplace, under stairs cupboard.
Kitchen Base and wall units, inset sink to work surfaces, two PVCu double glazed windows and PVCu double glazed door giving access to the rear garden, gas cooker point, power points.
First Floor Landing In need of decoration with part of the ceiling needing attention, access to loft, built-in cupboard, doors to Bedroom 1 PVCu double glazed window to front, power points.
Bedroom 2 PVCu double glazed window to rear, pedestal wash hand basin, power points. Bedroom 3 PVCu double glazed window to rear.
Family Bathroom Panelled bath, wash hand basin and PVCu double glazed window. Separate W.C With small window, W.C.
Outside To Front There is a small courtyard to the front garden with a couple of steps up to the front door.
Outside To Rear The rear garden has been utilised as off road parking with double wrought iron gates accessed from the rear service lane. There are a couple of steps down to a small courtyard area.
Tenure - Freehold Council Tax Band: B (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 3 Elmbank Road, Paignton
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