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See how verdicts work1-bedroom flat · TQ4 5UD
For saleReduced £5k (−7.1%) on 24 AugListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This well-presented one bedroom second floor retirement apartment is situated within a popular purpose-built development, offering a secure and comfortable lifestyle for residents aged 60 years and over.
Accessed via a secure entry system and benefiting from convenient lift access, the property is thoughtfully designed to provide both independence and peace of mind.
The welcoming hallway includes useful storage, leading into a bright and sunny living room that provides a relaxing space for day-to-day living and entertaining guests.
The modern fitted kitchen features a range of units and integrated appliances.
The spacious double bedroom is enhanced by a built-in wardrobe, offering ample storage without compromising on floor space. A modern fitted shower room.
Residents of this development benefit from a range of communal facilities, including a comfortable lounge for socialising, laundry room, and the support of a house manager.
The property’s location is particularly convenient, placing residents just a short distance from the town centre and a wide array of local amenities, including shops, cafes, health services, and public transport links.
Designed with comfort, security, and convenience in mind, this attractive retirement apartment represents an excellent opportunity for those seeking a low-maintenance home within a welcoming and supportive environment.
Service charge is £192.75 per month to include ground rent and building insurance. Remaining term on the lease is currently 62 years. Age restricted to 60 years plus. Communal Garden Communal gardens.
Parking - Off Street There is on site parking available on a first come first serve basis.
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
Agent & docs
FAQ
About Flat 32, Dawes Court Fisher Street, Paignton
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