1-bedroom flat · TQ3 3RZ
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet position off Totnes Road Hayes Court is ideal for rental. A redecorated ground floor purpose built apartment constructed around 1991.
It offers Lounge, Kitchen, Hallway, 1 Bedroom and a Shower Room. It benefits from electric heating and double glazing throughout.
Outside there is an Allocated Parking, ample visitors Parking and a Drying Area. The Town Centre, Local amenities such as supermarkets, bus routes and doctors are all within walking distance.
Long term let available. Accommodation Communal front door with secure door entry phone system opens into :- communal entrance hallway Stairs rising to all floors.
Door into inner hallway where there is a Front Door leading into Flat 24. Hallway Textured ceiling. Circuit breaker box. Door entry phone handset. Useful coats cupboard.
Doors to:- living room UPVC double glazed window overlooking the rear of the property. Focal point mock fireplace with living flame effect electric fire. Textured ceiling. Panel heater.
Kitchen UPVC double glazed window overlooking the front of the property. Range of wall and floor mounted units with rolled edge worksurfaces and tiled splashbacks. Space for electric oven.
Space for undercounter fridge. Space and plumbing for washing machine. Single drainer stainless steel sink. Cupboard housing hot water cylinder. Extractor fan.
Bedroom UPVC double glazed window overlooking the front of the property. Textured ceiling. Panel heater. Shower room Pedestal wash hand basin. Low level WC.
Oversized, walk in shower with fitted electric shower and glazed screen. Part tiled walls. Extractor fan. Heated towel rail. Outside Allocated parking space plus visitors parking.
Communal drying area with lines. Communal bin store. Agents notes Council Tax Band B. Mains services with the exception of gas. Parking to the rear.
Prospective tenants must have good references, credit record and be able to show a gross earned income of circa £24000 per annum and be able to pay 5 weeks rent as a deposit to take up the tenancy.Edit | Delete
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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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 24 Hayes Court, Totnes Road, Paignton
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