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See how verdicts work1-bedroom flat · TQ4 6BG
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground-floor apartment, nestled within the gated New Esplanade Court, offers a rare chance to acquire a fantastic earning potential property in a sought-after location.
Featuring a spacious double bedroom and its own private garden, this home is ideal for first-time buyers or those searching for a peaceful holiday escape/ holiday let by the sea.
Set in the lively seaside town of Paignton, the apartment enjoys a prime location close to Paignton Green, the beach, and the town centre, all within walking distance.
Residents of New Esplanade Court also benefit from an allocated parking space, access to a serene outdoor swimming pool, and the use of picturesque communal gardens—creating a perfect balance of comfort and convenience.
Whether for permanent residence or a holiday retreat, this property provides a wonderful opportunity to experience coastal living at its finest, with the added bonus of a private outdoor space to relax and unwind.
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
Agent & docs
FAQ
About Esplanade Road, PAIGNTON, Devon, TQ4
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