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See how verdicts work2-bedroom flat · TQ3 2SE
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular level location, within easy reach to Paignton town centre, as well as being close to Oldway Mansion and the busy suburb of Preston, with further local shops and amenities.
There are good transport links in Paignton town centre with Bus/Coach Station and Railway Station. The flat is located opposite Victoria Park.
A spacious first floor flat enjoying attractive views over Victoria Park, with its own enclosed rear garden and allocated parking space.
The property is accessed via a communal entrance shared with the ground floor flat.
Stairs lead to a generous first floor landing with loft access and a useful airing cupboard housing the hot water cylinder.
The bright and spacious lounge benefits from three double glazed windows overlooking Victoria Park, creating a light filled living space with pleasant open views.
The kitchen is fitted, incorporating a stainless steel sink, integrated electric oven, four ring ceramic hob, and space for a washing machine and fridge/freezer.
A rear lobby provides access to the garden. There are two well proportioned bedrooms, with the principal bedroom featuring a characterful ornate fireplace.
The second bedroom enjoys further views across Victoria Park.
The bathroom comprises a panelled bath with electric shower over, vanity wash hand basin, electric heated towel rail and extractor fan, with a separate W.C alongside.
Outside, the property benefits from an enclosed rear garden, accessed from the rear lobby, featuring a raised timber deck with balustrading and steps leading down to the garden, mainly laid to slabbing.
A shared gate provides access to the allocated parking space for one vehicle. An internal viewing is highly recommended.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (984 years) Communal Entrance Door into communal entrance, shared with the ground floor flat.
Door to Lobby Stairs rising to first floor landing, cupboard housing electric consumer unit and electric meter.
First Floor Landing Spacious landing, access to loft, PVCu double glazed window, split landing to further accommodation. Built-in airing cupboard with slatted shelving and housing hot water cylinder.
Doors to Lounge Three PVCu double glazed windows to front with views over Victoria Park, electric fire, power points, electric wall heater.
Kitchen PVCu double glazed door leading out to the rear lobby, integrated single oven and four ring ceramic hob, extractor fan to wall, space and plumbing for washing machine, space for fridge/freezer, stainless steel sink unit inset to work surfaces, power points.
Rear Lobby Two steps up from kitchen. PVCu double glazed windows and door leading out to rear gardens with steps down.
Bedroom 1 PVCu double glazed window to rear, character ornate fireplace, electric wall heater.
Bedroom 2 PVCu double glazed windows to front with views of Victoria Park, electric wall heater, power points.
Bathroom PVCu double glazed window, extractor fan to wall, wash hand basin fitted to vanity unit, chrome electric towel heater, part tiled walls, panelled bath with glass screen and electric shower over.
Separate W.C PVCu double glazed obscure window, close coupled W.C. Outside To Front The flat has right of way access with pathway down to communal entrance door.
Outside To Rear The rear garden is enclosed and is accessed from the rear lobby with a raised timber decked area with balustrading and steps down.
The garden is laid mainly to patio slabbing for ease of maintenance with well stocked flower border having mature shrubs and bushes inset, timber shed.
There is a shared gate leading out to the parking allocated to the flat. Parking There is an allocated parking space for one vehicle and gated access to the flat garden.
Agents Note We have been informed that the downstairs flat has right of way access through the rear garden to access their flat and parking space.
Tenure - Leasehold Length of Lease - 984 years remaining Downstairs flat owns the freehold Maintenance - 50/50 on an 'as and when' basis Ground Rent - £100 per annum (payable to freeholder) No assured shorthold tenancies No holiday letting Council Tax Band: A (Torbay Council)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 93a Torquay Road, Paignton
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