1-bedroom house · TQ3 2RT
Listing removedReduced £5k (−5.9%) on 20 JunListed 276 days
Opportunity summary
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About
Description Set on the first floor of the well-regarded Dower Court development, this purpose-built one-bedroom retirement apartment enjoys the convenience of lift access and a superb level position within the popular Preston area of Paignton.
Residents' parking is available on a non-allocated, first come first served basis, adding further practicality for homeowners and visitors alike.
The accommodation is approached via a spacious entrance hallway, thoughtfully arranged with built-in storage cupboard fitted with shelving.
The main living space comprises a comfortable lounge area that opens directly into the kitchen, creating a sociable, open-plan layout.
The kitchen is well equipped with an electric oven and hob, stainless steel sink and drainer, washing machine and a freestanding fridge/freezer.
From the lounge, the double bedroom provides excellent fitted storage, with built-in wardrobes and drawers extending along one wall.
Completing the interior is a contemporary shower room, finished with fully tiled walls and flooring.
The suite includes a vanity unit incorporating a wash basin, concealed cistern WC and useful cupboard storage, complimented by a wall-mounted illuminated mirror.
A walk-in double shower enclosure with electric shower over provides a stylish and accessible finishing touch.
Dower Court is further enhanced by attractive communal gardens to both the front and rear, featuring neatly kept lawns, raised and well-stocked flower beds and seating areas, ideal for enjoying the outdoors in a peaceful setting.
The location is a particular highlight, with excellent level access to a range of everyday amenities including Tesco, a doctors' surgery, sub post office and other local shopping facilities, all within comfortable walking distance.
Main bus routes are also close by, providing convenient links to surrounding towns, while Preston beach and seafront can likewise be reached on foot.
Council Tax Band: A (Torbay Council) Tenure: Freehold The property is freehold, although a monthly maintenance charge of £143 is payable to Westward Housing Association.
This contribution covers the upkeep of the communal areas, building insurance and gardening, and the development also benefits from an on-site house manager.
Pets may be permitted, subject to prior consent from the management company. Residents must be 60 years or older.
Broadband options available at the property include: * Standard broadband (14Mbps download, 1Mbps upload). * Superfast broadband (142Mbps download, 20Mbps upload).
* Ultrafast broadband (not available). - Networks in area - Openreach
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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FAQ
About 15 Dower Court, Paignton
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