3-bedroom flat · TQ4 5BN
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
You couldnt get closer to the town centre! This deceptively spacious, quirky, recently refurbished First Floor Flat comprises 3 Bedrooms, Lounge, large Kitchen, Bathroom, Cloakroom and big Hallway.
Gas Centrally Heated and D/glazed throughout. Tons of Shops and Amenities are all close to hand.
Communal front door Double entrance doors give access through to :- communal hallway Stairs rise to the first floor landing. Front door leads into Flat 2.
Hallway A spacious hallway with doors leading to all principal rooms. Central heating radiator living room UPVC double glazed bay window overlooking the front of the property. Coat storage cupboard.
Central heating radiator kitchen 16' 8" max x 7' 11" max(5.09m x 2.43m) Three UPVC double glazed windows overlooking the rear of the property.
A good range of wall and base units with roll edge worktops and tiled splashbacks. Stainless steel sink and drainer with mixer tap. Space and plumbing for washing machine. Space for electric cooker.
Wall mounted Combi boiler. Central heating radiator. Smoke alarm bedroom 1 17' 1" x 8' 1" max (5.21m x 2.48m) Two UPVC double glazed windows overlooking the front of the property. Fitted cupboards.
Central heating radiator. Bedroom 2 12' 1" max x 7' 11" max (3.70m x 2.43m) Two UPVC double glazed windows overlooking the front of the property. Central heating radiator.
Bedroom 3 14' 7" max x 7' 1" max (4.47m x 2.16m) Two UPVC double glazed windows overlooking the front of the property. Central heating radiator.
Bathroom 7' 11" x 4' 11" (2.42m x 1.50m) Two obscure UPVC double glazed windows overlooking the rear of the property. Pedestal wash hand basin and bath with shower over. Towel radiator. Extractor fan.
Cloakroom Obscure UPVC double glazed window overlooking the rear of the property. Wash hand basin. WC. Agents notes Most of the rooms are unusually shaped. Council Tax Band A.
All mains services are connected.
Prospective tenants will need to have good references, an income of circa £30,000, plus be able to pay the first months rent plus 5 weeks rent (£1153.84) as a deposit to start the tenancy.
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
FAQ
About Flat 2, 2a, Hyde Road, Paignton
Explore nearby