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See how verdicts work2-bedroom flat · TQ4 5PJ
For saleReduced £4.5k (−3.5%) on 20 JunListed 587 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a central area of Paignton, being within easy reach of Paignton town centre.
There are bus routes close to the property, together with a local primary school and also within easy reach of the secondary school, together with Morrisons supermarket.
Paignton town centre has good transport links by way of a bus/coach station, together with the railway station.
Paignton is also known for its beaches, which are within close driving proximity, including Paignton Sands and Goodrington Sands.
This purpose built first floor flat is now offered for sale with no onward chain and briefly comprises of a communal entrance hallway shared by neighbouring flats with security entry system.
The flat itself has an entrance hallway with a good size lounge/dining room with sunny aspect with the fitted kitchen leading off the lounge. There are two bedrooms, one of which has a high skylight.
There is also a bathroom/WC. The property also benefits from having an allocated parking space and visitors parking.
Council Tax Band: B (Torbay Council) Tenure: Leasehold (199 years) Service Charge: £820 per year Entrance Communal security entrance with stairs leading to the first floor with communal hallway and door to flat 7.
Entrance Hallway Night storage heater, power points, hatch to loft and doors through to Lounge/Dining Room Double glazed sealed unit windows overlooking some of the communal gardens, night storage heater and telephone point, TV aerial point and power points.
Kitchen Fitted with a range of base and wall kitchen units, electric oven and extractor fan over, tiled splashback, inset stainless steel sink to work surfaces, space and plumbing for washing machine, fridge/freezer and further wall cupboards and shelving, extractor fan.
Bedroom 1 PVCu double glazed window to rear, night storage heater, power points, built-in cupboard for storage and hanging space.
Bedroom 2 High skylight window with mechanism for opening if needed and power points.
Bathroom/W.C White suite with panelled bath, electric shower over, fully tiled walls, WC and pedestal wash hand basin, extractor fan.
Outside There is a shared driveway leading to the residents parking with the flat having one allocated space. There is a communal drying area and visitors spaces in the car park.
There are some communal lawn areas surrounding the property.
Tenure - Leasehold 199 years from 1st of Jan 1991 Share of the freehold Crown property management as managing agents Management charge for 2025 of £820 per annum Council Tax Band: B (Torbay Council)
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.
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FAQ
About Flat 7, Hayes Mews, Paignton
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