1-bedroom house · TQ4 5JT
For saleReduced £19.9k (−22.2%) on 2 SepListed 469 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the edge of Goodrington, being extremely well situated for Goodrington Beach, just across the road from the property, as well as being a short distance away from Paignton town centre, and being on an extremely good regular bus route, giving access to the town as well as nearby towns of Brixham, Torquay & Newton Abbot.
This top floor flat is offered for sale with no onward chain, being situated in a popular retirement block in Goodrington.
The flat is accessed via a communal entrance with two flights of stairs leading to the top floor. There is no lift access.
Once inside the flat, there is an entrance hallway with two good size storage cupboards, good-size lounge, fitted kitchen, one double bedroom and bathroom/W.C.
An internal viewing is highly recommended. Council Tax Band: B (Torbay Council) Tenure: Leasehold Entrance Two flights of stairs leading up to flat 54.
Door into Entrance Hallway Fuse board to wall, access to loft, night storage heater, emergency pull cord system, two good size built-in storage cupboards, one with slatted shelving and housing the immersion tank for hot water, intercom buzzer system.
Doors into Lounge PVCu double glazed window, mantelpiece with space inset for electric fire, night storage heater, emergency pull cord, power points.
Kitchen Wall and base kitchen units, integrated flooring, electric hob and single oven, stainless steel sink unit inset to work surfaces, range of power points, emergency pull cord, electric wall heater.
Bedroom PVCu double glazed window, power points, emergency pull cord, TV aerial point.
Bathroom/W.C Panelled bath with shower over, curtain, extractor fan to wall, pedestal wash hand basin, low-level flush W.C.
Tenure - Leasehold Length of Lease - 125 years from 24th June 1986 Maintenance Charge - the seller informs us that the maintenance charge is £170 per month.
Ground Rent - tbc Assured Shorthold Tenancy allowed No Holiday letting No Pets Minimum age 60 Council Tax Band: B (Torbay Council). Agents Note There is no lift access.
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 54 Pebble Court, Paignton
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