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See how verdicts work3-bedroom flat · TQ3 2EJ
For saleReduced £15k (−6.3%) on 12 OctListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular residential area in Preston, having good access to the Torbay Ring Road.
There is a local parade of shops in Preston Down Road, including a sub-post office/newsagents and a local convenience store. Occombe Woods is also within easy access which is ideal for dog walkers.
Preston also has a beautiful promenade and beach, which leads through onto Paignton seafront.
A well-presented, chain free, first-floor apartment offering spacious accommodation, a private garden, allocated parking and sea views.
The accommodation comprises an entrance porch, entrance hall, spacious lounge, kitchen/dining room with integrated appliances and access to the terrace, three bedrooms, and a modern shower room.
Outside, the property benefits from an enclosed private rear garden, mainly laid to lawn and decking.
There is also a terrace enjoying a sunny aspect and sea views, providing an ideal space for outdoor seating. The property further benefits from one allocated parking space.
Tenure: Leasehold (984 years) Entrance External steps located on the right of the building leading up to PVCu obscure double glazed door, leading into Entrance Porch PVCu double glazed window to side with sea peeps, electric consumer unit to wall, one step up and obscure door into Entrance Hall Access to loft, central heating radiator, power points.
Doors to Lounge Spacious room with PVCu double glazed window to front, central heating radiator, power points, inset gas fire.
Kitchen/Dining Room PVCu double glazed window to side, central heating radiator, power points, space for table and chairs, modern range of fitted kitchen units with integrated single oven and combination microwave/grill, four ring induction hob with concealed extractor above, matching black splashback, one and a half bowl sink inset to work surfaces, space for fridge/freezer, PVCu double glazed obscure door leading out to rear terrace and steps down to the enclosed gardens.
Bedroom 1 Dual aspect with PVCu double glazed window to front and two PVCu double glazed windows to side. Bedroom 2 Two PVC double glazed windows to rear, central heating radiator, power points.
Bedroom 3 PVCu double glazed window to front, central heating radiator, power points. Shower Room/W.C.
There is a large walk-in shower enclosure with glass sliding door and shower over with panelling to walls, and the remainder of the bathroom has fully tiled walls and flooring, with close coupled W.C, large wash hand basin with fitted vanity unit and LED mirror above, built-in cupboard with shelving, space and plumbing for washing machine, extractor fan to ceiling, PVCu double glazed obscure window, chrome central heating towel radiator.
Outside To Front There is a set of external steps on the right of the building leading up to the main front door entrance.
The driveway is on the left side of the building with one allocated parking space for the first floor apartment, and gated side access behind the parking space leading to the apartment's own private rear garden.
Outside To Rear The rear garden is enclosed featuring a good degree of privacy with fencing to sides and gated side access leading round to the front of the building.
The gardens are mainly laid to timber decking and lawn, with an external store underneath and an external set of steps leading up to the terrace garden.
The terrace garden is accessed via external steps from the kitchen/dining room featuring superb sea views and enjoying a sunny aspect and with space for garden furniture.
Tenure - Leasehold Council Tax Band: C (Torbay Council) Lease details: 984 years
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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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
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FAQ
About Top Flat, 36 Headland Park Road, Paignton
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