3-bedroom flat · TQ3 1JL
Listing removedListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive detached chalet bungalow offers well-proportioned accommodation arranged over two floors and enjoys a convenient location within easy reach of Preston Seafront.
Offering generously proportioned rooms, character features this charming home is well worth viewing internally to appreciate the accommodation on offer.
Description Approached via the front garden, the property features a paved frontage complemented by a variety of established shrubs and planting.
A welcoming entrance porch, with a character-style door, opens into the central hallway.
From here, access is provided to the generous lounge, separate dining room, fitted kitchen with direct access to the rear garden, ground floor bathroom and a spacious double bedroom.
The first floor provides a good-sized landing, leading to two further bedrooms and a separate shower room with W.C.
To the rear, the enclosed garden is predominantly paved for ease of maintenance, with established shrubs and planting adding interest and greenery.
A timber garden shed is positioned to one corner, while gated side access leads to the single garage, which also benefits from a convenient courtesy door into the garden.
Location Situated in a quiet cul-de-sac within a popular residential area of Preston, the property is ideally positioned for easy access to Preston Primary School and the nearby bustling suburb of Preston, just a few minutes’ drive away.
Here, you will find a good selection of local shops and amenities, including a doctors’ surgery, sub-post office, Tesco and a variety of other independent businesses.
Directions What3words://prom.ranged.shakes Material Information Freehold Property Off Road Parking, Garage Council Tax Band - D (Torbay Council Services - Gas, Electric & Water
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
Agent & docs
FAQ
About 5, Hilton Crescent, Paignton
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