1-bedroom flat · TQ3 2NQ
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price of £65,000 -£75,000 property description A sizeable one bedroom first floor flat located within the popular retirement complex of Tembani court just a stones throw from Preston sands beach.
The flat comprises of a welcoming inner hallway, a spacious living room, kitchen, double bedroom and family bathroom.
The property is ideally situated within easy reach of Preston beach, cafes and restaurants, bus links, local shops and more. The property is being offered for sale with no onward chain!
Entrance A secure fire safety front door opens into a welcoming hallway complete with overhead lighting, an intercom system, an emergency pull cord and doors leading to all principal rooms.
Living room A bright and generously sized lounge/dining area offering ample space for furniture arrangements.
The room features uPVC double glazed windows, TV and internet points, a night store heated radiator and French doors opening through to the kitchen.
Kitchen A well appointed kitchen fitted with a range of wall, base and drawer units topped with roll edged work surfaces.
It includes a stainless steel single bowl sink and drainer, an electric oven with grill, and a four ring electrical hob with extractor above.
Additional benefits include tiled splash backs, space and plumbing for an under counter fridge and freezer and a conveniently placed emergency pull cord.
Bedroom A generously proportioned and light filled double bedroom featuring built in mirrored wardrobes, a uPVC double glazed window, a night store heated radiator and an emergency pull cord.
Bathroom A spacious bathroom comprising a low level WC, vanity wash basin with storage below, and a panelled bath with shower attachment above.
The room is finished with tiled walls, an extractor fan and a fitted towel rail.
Other information: The property also benefits from onsite facilities including communal lounge, laundry room, lift access and on site guest accommodation. Material information Tenure: Leasehold.
Service Charge: £1333.39 every six months. Ground Rent: £258.39 every six months. Agents notes These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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
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FAQ
About Tembani Court, Colin Road, Paignton
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