2-bedroom house · TQ4 5JT
For saleReduced £10k (−6.7%) on 19 OctListed 111 days
Opportunity summary
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About
Description Situated on the edge of Goodrington, being extremely well situated for Goodrington Beach, just across the road from the property, as well as being a short distance away from Paignton town centre, and being on an extremely good regular bus route, giving access to the town as well as nearby towns of Brixham, Torquay & Newton Abbot.
Pebble Court offers an on-site manager, communal dining room for social gatherings and a laundry room shared with all residents of the block.
In a well-maintained retirement development, this two-bedroom ground floor apartment is accessed via a secure communal entrance with intercom system, with stairs down to flat one.
There is alternate access from street level, providing step-free access for convenience and ease, leading into Bedroom 2.
The accommodation is well presented and comprises an entrance hall with useful storage, a lounge overlooking some communal gardens, and a fitted kitchen with a range of wall and base units and overlooking the courtyard area.
There are two bedrooms, with the principal bedroom benefiting from fitted wardrobes. The second bedroom offers versatility and enjoys direct access out to the courtyard area.
The wet room is fitted with a walk-in shower, W.C, wash hand basin and heated towel rail.
A particular feature of the property is the courtyard area, laid with gravel chippings and enhanced by a variety of shrubs and planting, providing an attractive outdoor space to enjoy.
We are advised that, whilst the courtyard is not included within the title, the apartment enjoys private use and access to this delightful area.
This is unique compared to other flats in the development.
Further benefits include newly laid carpets, recent redecoration, double glazing, night storage heating, an emergency pull-cord system and secure residents' entry. An internal viewing is recommended.
Council Tax Band: C (Torbay Council) Tenure: Leasehold (85 years) Service Charge: £755.16 per quarter Entrance Communal entrance with security intercom system with stairs down and door to flat one.
Alternate access via street level, step free access into Bedroom 2 from courtyard.
Entrance Hall Security entrance phone, built-in cupboard with slatted shelving and housing electric consumer unit, emergency pull cord system, door to Lounge PVCu double glazed window to front aspect overlooking communal gardens, emergency pull cord, power points, TV aerial point, night storage heater.
Kitchen Wall and base fitted kitchen units, PVCu double glazed window overlooking private courtyard, space for a tall fridge/freezer, space for cooker with concealed extractor above, power points, built-in cupboard with slatted shelving, space for further under counter appliance, stainless steel sink inset to work surfaces.
Bedroom 1 PVCu double glazed window to front aspect, fitted wardrobes, power points, emergency pull cord, night storage heater.
Bedroom 2 Large PVCu double glazed door leading out to the private courtyard area, power points.
Wet Room/W.C PVCu double glazed obscure window to side, emergency pull cord, walk-in room with electric shower, W.C, wash hand basin, mirrored medicine cabinet, chrome electric towel rail.
Parking There is unallocated parking for residents on a first come first served basis.
Outside The apartment uniquely benefits from having access and use of an exclusive courtyard area laid mainly to gravel chippings and accessed from the second bedroom with a range of shrubs and bushes.
There is a large private door providing access to outside.
Agents Note The courtyard area is not owned by the flat, we have been advised that the flat has exclusive access to utilise this garden space.
Tenure - Leasehold The seller informs us of the following information: Length of Lease – 85 years remaining Maintenance Charge - £755.16 per quarter Ground Rent - £10 per annum Assured Shorthold Tenancy allowed No Holiday letting Minimum age 60 years Council Tax Band: B (Torbay Council).
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.
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About 1 Pebble Court, Paignton
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