Studio flat · TQ3 2EZ
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please note: In order to schedule a viewing for this property, you must complete an online application. To apply, visit the property on our website and click the red "Apply Now" button.
All tenants will be subject to pre-screening and must be able to provide valid ID in line with UK Right to Rent requirements.
Situated in the highly sought-after area of Preston, Paignton, this beautifully refurbished ground floor studio flat offers well-presented, self-contained accommodation, ideally suited to single occupancy.
Enjoying a convenient, level position, the property benefits from its own private entrance, ample storage space and a gated, enclosed outdoor area for the tenant's exclusive use.
Recently refurbished throughout, the accommodation provides a comfortable and practical living environment, particularly appealing to mature individuals seeking a conveniently located, low-maintenance home.
The property is ideally positioned within easy walking distance of a comprehensive range of local amenities, including Tesco and Sainsbury's supermarkets, independent shops, cafés and a GP surgery.
Preston Sands, the seafront and promenade are approximately five minutes away on foot, whilst nearby bus routes provide excellent connections throughout Torbay and the surrounding South Devon coastline.
For those requiring parking, a Torbay Council car park is conveniently situated directly opposite, with limited free on-road parking available immediately outside for up to one hour and after 6pm.
Please Note: The property is suitable for one occupant only.
Council Tax Band: A (Torbay Council) Holding Deposit: £125 Broadband options available at the property include: * Standard broadband (15Mbps download, 1Mbps upload).
* Superfast broadband (80Mbps download, 20Mbps upload). * Ultrafast broadband (1800Mbps download, 220Mbps upload). - Networks in the area: Openreach, Virgin Media
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Torquay Road, Preston, Paignton
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