2-bedroom maisonette · TQ4 5HR
For saleReduced £3k (−2%) on 20 JunListed 286 days
Opportunity summary
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About
Description Situated in a level and central location in Paignton, with good transport links from the Bus/Coach Station and Railway Station. Paignton beach is also within easy reach.
This top floor maisonette is now offered for sale in need of updating with the benefit of having no onward chain.
The accommodation comprises of a communal external access with steps leading up with door into an entrance lobby, which is private to flat 18.
The door opens into an entrance hall, giving access to the spacious lounge/dining room, fitted kitchen and downstairs cloakroom. Heading upstairs, there are two bedrooms, a bathroom/W.C.
And an inner hallway which has a secondary external door giving further access to the external steps, and a boiler room. The flat also benefits from having PVCu double glazing and gas central heating.
An internal viewing is recommended. Council Tax Band: B (Torbay Council) Tenure: Leasehold Entrance Accessed via covered walkway with external steps heading up to the second floor elevation.
Door into External Lobby Private to flat 18 and composite front door leading into Entrance Hallway Central heating radiator, power points, stairs rising to first floor with under stairs storage space.
Door to Lounge/Dining Room Dual aspect with two PVCu double glazed windows to front and one to rear, two central heating radiators, power points.
Kitchen Wall and base fitted kitchen units, stainless steel sink inset to work surfaces, space for cooker, space for fridge/freezer, power points, PVCu double glazed window.
Downstairs Cloakroom PVCu obscure window, low-level flush W.C, small wash hand basin, central heating radiator.
First Floor Landing Central heating radiator, double glazed window, power points, built-in cupboard with slatted shelving and space for storage.
Doors to Bedroom 1 PVCu double glazed windows to front, central heating radiator, power points. Bedroom 2 PVCu double glazed windows to rear, central heating radiator, power points.
Bathroom/W.C Obscure window, panelled corner bath with electric shower over, central heating radiator, fully tiled walls, low-level flush W.C, pedestal wash hand basin.
Inner Lobby Accessed from the second floor landing, composite door leading to external steps, utilising a second access to the property.
Opening into Boiler Room Gas boiler to wall, power points, lighting. Outside Allocated parking for one vehicle. Tenure Tenure: Leasehold Official Copy of Leasehold available on request.
The seller has informed us of the following information: Management Company: Westcountry Housing Association Ltd.
Maintenance charges: £102.47 per month (including buildings insurance, external decoration, maintenance of gardens) 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.
Area
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FAQ
About 18 Great Western Close, Paignton
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