1-bedroom flat · TQ4 6PT
Listing removedListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION A one bedroom first floor flat located in the private retirement complex of Homebourne House just moments from Paignton beach and harbour.
The property itself comprises of an inner hallway, a large and light lounge/diner, a kitchen, double bedroom, shower room, residents lounge and laundry room, lift access, communal parking and picturesque communal gardens.
The complex is ideally situated within easy reach of an array of amenities such as Paignton town, the bus and train station, Paignton beach and harbour, an array of shops, restaurants and cafes as well as much more.
The property is being offered with no onward chain!
ENTRANCE A wooden fire safety front door opening into a welcoming entrance hallway with doors leading to the adjoining rooms, intercom system, overhead lighting and smoke alarm.
LOUNGE/DINER - 5.66m x 3.69m (18'6" x 12'1") A wonderfully bright and spacious living room/diner with space for a vast amount of furniture.
A feature decorative fireplace surround, tv and internet points, a fitted storage cupboard housing the hot water tank, two uPVC double glazed tilt and turn windows and an electric heated radiator.
KITCHEN - 2.71m x 1.75m (8'10" x 5'8") A modern fitted kitchen boasting a range of overhead, base and drawer high gloss units with roll edged work surfaces above.
A 1 bowl stainless steel sink and drainer unit, an electric cooker with a four ring induction hob, fridge/freezer and complimentary tile backsplash.
BEDROOM - 4.3m x 2.68m (14'1" x 8'9") A light and large double bedroom overlooking the front aspect of the building.
Built in wardrobes, uPVC double glazed tilt and turn window and an electric heated radiator.
SHOWER ROOM A sizeable shower room boasting a three piece suite of a low level flush WC, a vanity wash hand basin with fitted storage below and a walk in triple shower unit.
Tiled walls, extractor fan and a wall mounted mirror fronted medicine cabinet. OUTSIDE Communal private parking. Communal gardens laid to lawn with a variety of mature shrubs and plants.
MATERIAL INFORMATION Tenure: Leasehold. AGENTS NOTES These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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
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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 advisors 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 Belle Vue Road, Paignton
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