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See how verdicts work2-bedroom flat · TQ3 3EN
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This spacious two-bedroom first-floor maisonette offers well-presented accommodation in a convenient location.
Benefiting from its own private entrance, allocated parking and pleasant views across Palace Avenue Gardens.
Upon entering, the generous entrance hall provides a welcoming introduction to the property and boasts useful storage.
The large lounge is a particularly attractive room, featuring a characterful fireplace, parquet-style flooring and sash windows overlooking the delightful Palace Avenue Gardens.
The pleasant outlook and abundance of natural light create a bright and inviting space.
The good-sized kitchen/breakfast room also benefits from parquet-style flooring and is fitted with a range of wall and base units with work surfaces over.
There is space for a freestanding cooker and fridge/freezer, together with ample room for a breakfast table and chairs, making this a practical and sociable space for everyday living.
Also located on the entrance level is the bathroom, comprising a bath with shower over, low-level WC and wash hand basin.
Upstairs, there are two generously proportioned double bedrooms, both offering excellent space for furnishings.
The principal bedroom benefits from useful built-in storage, while a separate WC with low-level WC and wash hand basin completes the upper floor.
Further benefits include gas central heating, single-glazed sash windows and a useful loft space that is boarded.
Palace Avenue, Paignton is positioned close to the town centre and within easy reach of the seafront, local amenities and transport links.
Palace Avenue Gardens provide a pleasant green outlook, while Paignton's shops, cafés, restaurants and leisure facilities are all within convenient reach.
Council Tax Band: B (Torbay Council) Tenure: Leasehold (173 years) Ground Rent: £25 per year Service Charge: £0 per year Please note the maintence is split 50/50 on an as and when basis.
Please note the lease does not mention any restrictions in relation to pets.
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
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 53a Palace Avenue, Paignton
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