2-bedroom bungalow · TQ3 3UE
Listing removedReduced £5.5k (−2%) on 1 SepListed 125 days
Opportunity summary
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About
Description Arriving at this well-presented and modern two-bedroom semi-detached bungalow, the home offers a fantastic combination of comfortable living space, contemporary features and practical accommodation.
The property has been extensively refurbished throughout, including a complete re-wire, re-plumbing, installation of a new combi boiler, new decking to the rear garden and triple glazing to the French doors, providing added comfort, efficiency and peace of mind.
To the front is a driveway with off road parking for multiple cars along with a grass lawn. It also benefits from a handy garage along with additional storage space underneath.
Upon entering through the hallway, there is a spacious lounge/diner, creating the perfect environment for everyday family life, entertaining guests or relaxing after a long day.
Triple-glazed French doors to the rear flood the room with natural light and have far reaching countryside views, this provides access to the newly installed raised deck, ideal for garden furniture and al fresco dining, while steps lead down to a rear garden, creating a wonderful outdoor space to enjoy.
From here is access to a crawl space under the deck and property.
The modern kitchen is fitted with a range of wall and base units with work surfaces over and benefits from a four-ring gas hob with gas oven.
There is also space for an under-counter fridge and freezer and plumbing for a washing machine, making it a practical and functional space for everyday living.
The property offers two generous double bedrooms, both enjoying plenty of natural light.
Completing the accommodation is a well-appointed bathroom comprising a stylish 'L' shaped bath with shower over, low-level WC and wash hand basin.
Further benefits include double glazing throughout, triple glazing to the French doors, gas central heating supplied by a recently installed combi boiler, and the reassurance of updated electrical and plumbing systems throughout the home.
Waterleat Avenue is situated in a convenient area of Paignton and benefits from easy access to shops, supermarkets, schools and public transport links and road networks, offering straightforward access to Torquay, Brixham and Newton Abbot.
Council Tax Band: C (Torbay Council) Tenure: Freehold Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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 3 Waterleat Avenue, Paignton
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