1-bedroom flat · TQ3 2DY
No longer listedReduced £50 (−5.7%) on 29 SepListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one bedroom apartment offers a fantastic opportunity for those seeking comfortable and convenient living in a desirable location.
Situated just a short walk from both Preston Green and the beautiful Preston Beach, the property is ideally placed for easy access to local amenities and transport links.
The apartment features a bright and inviting living room, enhanced by a large double-glazed window that allows plenty of natural light to fill the space while providing lovely sea views.
The good sized kitchen is well-equipped, making it perfect for preparing meals and entertaining guests. The double bedroom is thoughtfully designed to maximise space and comfort.
Gas central heating and double glazing are installed throughout the flat, ensuring a warm and energy-efficient environment all year round.
The property is offered with the added benefit of gas and water included in the rent, providing excellent value and peace of mind for tenants.
Additional features include on street parking, making it convenient for residents and visitors alike.
The apartment falls within council tax band A, which is ideal for those looking to keep ongoing costs manageable. With an EPC rating of D, the property offers a balance of comfort and efficiency.
This apartment is perfect for professionals, couples or individuals who appreciate a bright and airy living environment in a highly sought-after area.
Early viewing is highly recommended to fully appreciate all that this delightful property has to offer.
EPC Rating: D Criteria & Notes Criteria - /No Smokers Notes: In order to qualify for a tenancy without a guarantor the total annual income required between the tenants is a minimum of 36 times the monthly rent.
If a guarantor is required the calculation is 42 times the monthly rent.
The 1st month's rent will need to be paid in advance and to reserve the property 1 week's rent is payable as a holding deposit, this is will go towards the full deposit should referencing be satisfactory.
The holding deposit will not be refundable should you fail your referencing or pull out from renting the property. Referencing forms must be completed within 7 days of paying the holding deposit.
The full deposit is equivalent to 5 weeks' rent.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Flat 1a, 8 Great Headland Road, Paignton
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