3-bedroom maisonette · TQ3 3BQ
For saleReduced £10k (−7.4%) on 4 SepListed 500 days
Opportunity summary
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About
Description This spacious 3 bedroom maisonette has lots to offer and is being sold with no onward chain! On entering the hallway opens into the good sized lounge along with a separate dining room.
This opens into the kitchen that has space for all appliances. Upstairs are three double bedrooms, two with built in wardrobes and a bathroom.
Winner Street is located in the heart of Paignton town centre with easy access to public transport.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (101 years) Ground Rent: £50 per year Please note as of 2025 the ground rent will be £100 per year for the next 25 years.
To The Front Secure communal entrance. Stairs rising to the 1st floor. Entrance Hall Entrance door. Radiator. Stairs rising upstairs. Lounge (3.35m x 4.50m) Single glazed window to the front.
Picture rails. Radiator. Television point. Telephone line. Dining Room (2.8m x 2.8m) Radiator. Picture rails.
Opening into; Kitchen (2.5m x 4.0m) A range of wall and base units with work surfaces over. One and a half bowl sink and drainer. 4 ring electric hob with extractor hood over and built in double oven.
Plumbing for a dishwasher. Space for a fridge/freezer. Part tiled. 3 x single glazed windows to the rear. Landing Single glazed window to the rear. Loft access. Doors off to all rooms.
Bedroom 1 (3.2m x 4.0m) Single glazed window to the rear. Radiator. Boiler. Double bedroom. Bedroom 2 (3.1m x 3.9m) Single glazed window to the front. Radiator. Built in wardrobes. Double bedroom.
Bedroom 3 (3.10m x 3.41m) Single glazed window to the front. Built in wardrobes. Double bedroom.
Bathroom (3.2m x 2.5m) A three piece suite comprising a bath with mixer taps and shower over, low level WC and wash hand basin. Part tiled. Radiator. Single glazed window to the rear.
Please Note *** Draft details and subject to change *** The restrictions and covenants within the lease are available upon request.
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 56a Winner Street, Paignton
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