2-bedroom flat · TQ3 2SP
Listing removedListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this two bedroom, gated apartment located in an enviable residential area of Paignton.
Boasting fantastic sea views from the balcony, the property has been build to a very high specification.
This second-floor apartment can be accessed via a lift and offers a modern open-plan living and kitchen space, perfect for both relaxation and entertainment.
The two well-appointed bedrooms include a principal en-suite and dressing room.
With the convenience of gas central heating and uPVC double glazing, this property provides a warm and energy-efficient living environment.
Additionally, the allocated parking space ensures hassle-free parking for residents, enhancing the overall convenience of the property.
The property benefits from the perfect blend of coastal convenience and modern living, making it an ideal residence for those seeking a tranquil seaside lifestyle.
The contemporary design of the apartment extends to the exterior, with a conveniently allocated parking in the covered area of the building, ensuring that residents have ease of access and security.
Situated on the level and in close proximity to a range of local amenities and facilities, this property offers the perfect balance of coastal living and urban convenience, presenting an unparalleled opportunity for those seeking a premium seaside residence.
Lease length 999 years from 2022. Service charge £786 half yearly, Ground rent £62.50 half yearly. EPC Rating: B Balcony 2.2m x 6.7m Large Balcony with sea views.
Enough space to dine and lounge outside.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Southfield Road, Paignton, TQ3
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