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See how verdicts work5-bedroom house · TQ3 3GD
Sold STCReduced £8k (−2.1%) on 1 SepListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the outskirts of Paignton, being within easy reach of Torbay Ring Road, to nearby towns and cities.
There are Primary & Secondary schools close at hand, together with good shopping outlets nearby including Lidl, Morrisons, Asda, and Sainsburys.
The property comprises an entrance hall, lounge/dining room, fitted kitchen, downstairs cloakroom and utility room.
There is a flexible annexe to the side featuring an en-suite wet room and its own access to the garden, as well as internal access via the utility room.
This is currently utilised as a holiday let providing an income opportunity to prospective purchasers, or perhaps, a disabled-friendly downstairs bedroom.
Upstairs, there are four bedrooms, including one with an en-suite shower room, and a family bathroom. Outside, the property benefits from enclosed gardens.
There is an integral garage and off road parking. An internal viewing is highly recommended to appreciate the accommodation on offer.
Council Tax Band: E (Torbay Council) Tenure: Freehold Entrance Level approach and composite front door leading into Entrance Lobby Central heating radiator, power points, electric consumer unit to wall, stairs rising to first floor.
Door to Lounge/Dining Room Lounge area - Dual aspect with PVCu double glazed windows to front and side. Fire inset to fire surround, central heating radiator, power points. Door into kitchen.
Dining area - PVCu double glazed sliding patio door leading out to the rear garden, central heating radiator, power points. Kitchen PVCu double glazed window to rear.
Wall and base fitted kitchen units with inset one and a half bowl sink to work surfaces, space and plumbing for dishwasher, integrated single oven and four ring ceramic hob with concealed extractor above.
Range of power points, under unit lighting, built-in understairs storage cupboard, door into integral garage. Door to Inner Lobby Space for tall fridge/freezer, gas boiler to wall.
Door to utility room and door into Downstairs Cloakroom Wash hand basin, low level flush W.C, central heating radiator.
Utility Room Space and plumbing for washing machine and space for tumble dryer, central heating radiator, power points, PVCu double glazed window to rear, PVCu double glazed door and window out to the side gardens.
Door into annexe. First Floor Landing Built-in airing cupboard, power points, access to loft.
Doors to Bedroom 1 PVCu double glazed window to front, central heating radiator, power points, door to Ensuite Shower Room/W.C Fitted units with inset wash hand basin and W.C with concealed cistern, tiled shower enclosure with electric shower over and glass door, chrome central heating towel radiator, extractor fan to ceiling, PVCu double glazed obscure window.
Bedroom 2 PVCu double glazed window to rear, central heating radiator, power points.
Bedroom 3 PVCu double glazed window to front, built-in over stairs storage cupboard, central heating radiator, power points.
Bedroom 4 PVCu double glazed window to rear, central heating radiator, power points.
Family Bathroom/WC W.C with concealed cistern, circular wash hand basin inset to vanity unit cupboard, panelled bath with glass screen and shower attachment over, part tiled walls, chrome central heating towel radiator, extractor fan to ceiling, PVCu double glazed obscure window.
Annexe The annexe has its own private entrance, as well as internal access through the main dwelling's utility room.
This is currently utilised as a holiday let with income potential, which can also be used as a downstairs bedroom for elderly relative or disabled dependant. Lounge/Dining/Bedroom Spacious room.
PVCu sliding patio door out to side gardens which has gated access to the front of the property, two central heating radiators, power points, door into main dwelling’s utility room and sliding door into Wet Room/W.C Tiled and panelled walls, wall hung wash hand basin, close coupled W.C, shower, chrome central heating towel radiator, extractor fan to ceiling.
Integral Garage Manual up and over door, power and light, internal door into kitchen. Outside To Front There is off road parking to the front with a level approach to the front door.
There is a side gate leading to the gardens with the annexe also having its own private entrance.
Outside To Rear The rear gardens are mainly laid to lawn, enclosed by fencing, featuring a timber decked area with space for garden furniture with timber built arbour.
Inset flower borders with inset shrubs and bushes. Patio area off the dining room with access to the lower gardens.
There is a side garden laid to gravel chippings and a patio slabbed garden for the annexe, with gated access to the front and sliding patio door into the annexe.
Tenure - Freehold Council Tax Band: E (Torbay Council).
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 advisers 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.
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FAQ
About 114 Mulberry Close, Paignton
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