We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TQ4 7NW
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built two bedroom flat situated on the lower floor, enjoying super open sea and coastal views.
The light and airy accommodation which would now benefit from some modernisation offers a large lounge/dining room with wide balcony leading off, benefiting from those super views!
The kitchen, which is located to the rear, requires re-fitting but offers a blank canvas for a purchaser to create their choice of kitchen.
There are two bedrooms, both have built in wardrobes and bathroom/w.c. Well kept communal gardens surround the building and a driveway from Silver Bridge Close leads to the shared car port parking.
There are many amenities close-by, Cherry Brook Square is a short walk away and includes a large Co-Op, Boots Pharmacy and Bakery, there are also Doctor/Dental surgeries there.
The number 12 bus service runs along Dartmouth Road frequently to Brixham and Paignton town centres. Broadsands Beach and the coastal footpath are also within easy reach.
Entrance The Flat is approached from a short flight of stairs from the shared external entrance door to the rear of the building. Private entrance door (fire door) to: Entrance Lobby Radiator.
Access to kitchen and door to lounge/dining room. Kitchen (8' 3'' x 7' 1'' (2.51m x 2.16m)) Range of wall cupboards and double sink unit. Fitted worktop with inset stainless steel sink and drainer.
Ample spaces for appliances. Serving hatch to lounge/dining room. Double glazed widow to front.
Lounge/Dining Room (16' 0'' x 14' 1'' (4.87m x 4.29m)) Full height double glazed windows and sliding patio door to balcony enjoying the beautiful views across to the sea and coastline.
Wood effect fire surround with electric fire. Large fitted mirror to one wall reflecting the sea views. Radiator.
Door to: Inner Hall Cupboard housing gas fired 'Ideal' boiler, Doors to: Bedroom 1 (13' 0'' x 11' 2'' (3.96m x 3.40m)) Double glazed window to front, again enjoying the super view.
Built in double wardrobe and further large wardrobe unit. Radiator. Bedroom 2 (9' 11'' x 7' 5'' (3.02m x 2.26m)) Double glazed window to rear. Radiator. Built in double wardrobe. Radiator.
Bathroom/W.C. Comprising coloured suite of panelled bath with fitted shower over. Pedestal wash basin and low level W.C. Tiled walls. Double glazed window. Radiator.
Outside Communal gardens surround the building with a driveway leading to the car port area.
Shared Car Port Lease & General Info: The lease length is 189 years from 24th June 1967 (131 years remaining). Management Company: Proxim Property Management.
Maintenance charges are approximately £2,400 annually. The fees cover building insurance, maintenance of communal areas and the gardens. Ground Rent: £20 per annum.
We are informed that the flats cannot be sublet and pets are only allowed with prior permission.
Energy Rating: Tbc Council Tax Band: C Note: The Ofcom website indicates that standard and superfast broadband is available as well a s a good all round mobile phone signal.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 7, Silver Bridge Close, Paignton
Explore nearby
.png){kind=logo}
