5-bedroom terraced house · TQ3 2BE
For saleReduced £45k (−10.1%) on 20 JunListed 905 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
What an exciting opportunity to purchase this superbly presented home, which can be utilised as an investment opportunity or tweaked to bring back to a loving family home.
Off road parking provided via a car port and walking distance to Paignton seafront.
Description What an exciting opportunity to purchase this superbly presented home, which can be utilised as an investment opportunity or tweaked to bring back to a loving family home.
Off road parking provided via a carport with external power points and an electrically operated roller door and walking distance to Paignton seafront.
Steps take you to the front door, an entrance hall leads you through to the ground floor apartment which has a lounge, bathroom, bedroom and kitchen/dining room with a door that takes you to the off road parking.
Upstairs there is a utility room/kitchen area, 3 bedrooms all with en suite facilities and on the top floor there is an apartment with a kitchen, lounge, bedroom with en suite and access to the loft.
Directions Whatthreewords: ///having.legend.rides Location The property occupies a residential position on Paignton sea front within a few hundred yards of the beach and quarter of a mile from Paignton town centre with its array of shops and facilities.
An internal inspection is recommended to appreciate the location and condition of the accommodation on offer.
Material Information Whatthreewords: ///having.legend.rides Freehold Property Council Tax Band - D Mains - Gas, Electric (Octopus) And Water (sww) Parking - Off road via a car port Flood Risk Assessment - High risk of flooding from surface water meaning greater than 3.3% per year.
Very low risk of flooding from rivers & sea meaning less than 0.1% each year.
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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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 12, Norman Road, Devon
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