2-bedroom flat · TQ3 3GY
Let agreedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern 2 bedroom apartment that enjoys a lounge/dining room with Juliet balcony, allocated parking space, communal gardens. Available Now.
Description This purpose built apartment offers spacious, light and bright accommodation with L shaped lounge/dining room, 2 double bedrooms (one having an en suite shower room), modern fitted bathroom and a main bathroom/wc.
Location The property occupies a residential position approximately a mile and a half from Paignton town centre with its range of shops and facilities.
The property is located just off Kings Ash Road within easy reach to the ring road which connects Torquay, Newton Abbot, Exeter and the M5 motorway.
Directions Whatthreewords: ///gain/factories.loud Material Information Off Road Parking Communal Gardens Council Tax Band - B (Torbay Council) Leasehold Property Services - Gas, Electric & Water
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 4, Compton House,, Trelissick Road, Devon
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