2-bedroom bungalow · TQ4 5JQ
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *guide price of £325,000 - £350,000* Ideally situated within easy reach of schools, Paignton Zoo, the Leisure Centre, Morrisons, various bus routes and a wide range of other local amenities.
The property is also just a short drive or pleasant walk from Goodrington Beach, and easy access to both Paignton town centre and the picturesque harbour town of Brixham.
The front-facing rooms benefit from attractive sea views. Over the past five years, the bungalow has undergone a comprehensive programme of upgrades and improvements.
A quality extension, completed with Building Regulations approval, provides a versatile third bedroom or second reception room, featuring French doors opening directly onto the south-facing garden.
The former lean-to has been expertly converted into a practical utility room and a luxurious family bathroom, complete with a Jacuzzi bath, mood lighting with a built in Bluetooth speaker, vanity wash hand basin, low-level WC and dual-fuel heated towel rail.
An impressive workshop has also been thoughtfully constructed as an integral part of the home, offering excellent space for storage.
Further improvements include a stunning new shower room, replacement flooring throughout, a full rewire, a new central heating system and boiler, while the loft has been mostly boarded with lighting installed, providing excellent additional storage.
High speed internet facilitates working from home.
The spacious and well-planned accommodation briefly comprises a welcoming porch, two generous double bedrooms, a versatile third bedroom/additional lounge, a contemporary shower room, luxurious family bathroom, utility room, integral workshop, a modern fitted kitchen with integrated appliances, and a bright, spacious living/dining room filled with natural light, creating a wonderful space for relaxing and entertaining.
Outside, the south-facing rear garden has been beautifully landscaped to provide a perfect balance of patio and lawn, making it ideal for outdoor dining and enjoying the sunshine.
To the front of the property is a recently created private driveway with a fully approved dropped kerb, providing off-road parking for two vehicles.
Offering stylish accommodation, quality improvements throughout and a highly convenient location, this exceptional detached bungalow presents a rare opportunity for buyers seeking a home where all the hard work has already been done.
Viewing is highly recommended to fully appreciate the standard of accommodation and the lifestyle this outstanding bungalow has to offer. Council Tax Band: C Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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 44 Penwill Way, Paignton
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