2-bedroom flat · TQ3 2PA
For saleListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a superb level location in the popular area of Preston, being extremely conveniently positioned with good level access to the local shops and amenities, including Tesco, Doctors Surgery, Sub Post Office and other shopping outlets.
These are all in walking distance, together with the main bus routes giving access to nearby towns. Preston beach and seafront are again within easy walking distance.
There are also good local primary schools close at hand. Arriving at the property, there is a level approach with its own private entrance and door leading to the flat.
Once inside, there is a flight of stairs leading to the first floor and doors to the lounge, kitchen/breakfast room, two bedrooms and bathroom/W.C.
There is a rear lobby accessed from the kitchen/breakfast room with steps down to the rear access featuring a store and gate leading to the rear access lane and allocated garden which some could reconfigure as off road parking if desired.
An internal viewing is highly recommended to appreciate the accommodation on offer.
Council Tax Band: B (Torbay Council) Tenure: Leasehold (954 years) Entrance Level approach with gate leading to shared front pathway and PVCu double glazed obscure door leading into Entrance Lobby Own private entrance, stairs rising to first floor, PVCu double glazed obscure window to rear, electric consumer unit.
First Floor Hallway Radiator, night storage heater, power points, doors to Lounge Space for electric fire and surround, PVCu double glazed bay window to front, radiator, power points, night storage heater.
Kitchen/Breakfast Room PVCu double glazed window to rear, PVCu double glazed obscure door leading out to the rear lobby, breakfast bar area with inset space for seating, electric wall heater, wall and base fitted kitchen units, space for cooker, tall fridge/freezer, space and plumbing for washing machine and space and plumbing for slimline dishwasher, stainless steel sink inset to work surfaces, range of power points.
Rear Lobby Accessed from the kitchen/breakfast room, PVCu double glazed windows and door leading with steps down to the rear access and allocated enclosed garden.
Bedroom 1 Spacious room with PVCu double glazed bay window to rear, radiator, power points. Bedroom 2 PVCu double glazed window to front, radiator, power points, door into built-in storage cupboard.
Bathroom/W.C PVCu double glazed obscure panelled bath with electric shower over, pedestal wash hand basin, close coupled W.C, radiator, part tiled walls, built-in airing cupboard housing the electric boiler and electric water heater.
Outside To Rear There is a rear access and gate which is shared with the downstairs neighbouring property.
You have a right of way with steps down from the rear lobby to an external store located underneath the rear lobby and there is a gated access to the enclosed garden which has fencing to side and could be reconfigured as off road parking if desired.
Tenure - Leasehold Length of Lease - 999 Years from 1st April 1981 Maintenance charges - On an as and when basis Ground Rent - £5 per annum Management Company - Seaway Road Management Company Ltd No assured shorthold tenancies allowed No holiday letting Pets allowed with prior written permission Council Tax Band: B (Torbay Council).
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.
Area
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FAQ
About Flat 3 Sea Court, Preston, Paignton
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