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See how verdicts work1-bedroom flat · TQ3 2RT
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and inviting one-bedroom ground floor retirement flat offers a modern and comfortable living environment, perfectly suited for those seeking a blend of practicality and style.
The open-plan layout seamlessly connects the contemporary kitchen and living area, with wooden flooring adding warmth and a sleek finish.
The kitchen is equipped with modern white units, integrated appliances (including a washing machine and stainless steel fridge-freezer), and a practical breakfast bar for informal dining.
The adjacent living space is carpeted for comfort, and large sliding glass doors provide direct access to the well-maintained communal gardens, ensuring abundant natural light and a seamless indoor-outdoor lifestyle.
The property’s contemporary bathroom features a stylish corner bath, a separate walk-in shower, modern tiling, and a heated towel rail.
The spacious bedroom offers a built-in wardrobe with mirrored doors, a shelving unit for added organisation, a large window that floods the room with natural light, and plush modern carpeting for an elegant touch.
Additional highlights include a charming enclosed garden room with a decorative wood ceiling and comfortable seating, perfect for relaxing or entertaining in any season.
The flat benefits from off-road parking, a well-maintained exterior with a clean white facade, and multiple windows throughout that enhance the bright and airy atmosphere.
Residents will enjoy access to beautifully landscaped communal gardens, mature trees, and a variety of outdoor seating areas.
The grounds feature paved walkways, a pergola, and a spacious patio with a stylish dining set under a large parasol - ideal for outdoor entertaining or peaceful relaxation.
A garden shed or summerhouse offers extra storage and further extends the useability of the outdoor space.
The property’s entrance is enhanced by well-kept flower arrangements and thoughtful landscaping, creating a welcoming first impression.
Combining contemporary interiors with extensive and tranquil outdoor spaces, this flat presents an exceptional opportunity for comfortable and stylish living.
Property Information Tenure - Freehold Management Company - Westward Housing Association Service Charge - Currently £1716.00 Per Annum for year 2022-2023 (Reviewed Every Year).
Building Covenants Pets are Permitted With prior consent from the Management Company Residents Must be 60 Years of age or above Agent Note Upon selling in the future, the owner is required to pay Westward Housing 1% of the final sale price.
EPC Rating: C
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
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 Old Torquay Road, Paignton, TQ3
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