1-bedroom flat · TQ4 5AB
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description A one bedroom first floor Apartment located within the popular over 55 retirement development of Elmsleigh Court Paignton.
The apartment features are welcoming inner hallway, an open plan kitchen and sitting room, a double bedroom, shower room, it's own private balcony, on site laundry facilities as well as allocated parking.
The development is closely located and with a short level walk of Paignton town, Paignton Harbour and seafront, local shops, transport links and cafés.
The property is being offered for sale with no onward chain. Entrance A fire rated front door opens into a welcoming entrance hallway, with doors leading to the adjoining accommodation.
The hallway also benefits from a fitted airing cupboard, overhead lighting and an intercom entry system.
Open-plan kitchen/sitting room A bright and spacious open plan kitchen and sitting room, providing a sociable and versatile living space.
The kitchen is fitted with a range of wall, base and drawer units with work surfaces over, incorporating a stainless steel sink and drainer, electric cooker with four ring hob and extractor hood above, together with space for a fridge/freezer.
A UPVC double glazed window overlooks the front aspect, with additional space for a breakfast table.
The sitting room provides ample space for a variety of furnishings and benefits from television and telephone points.
UPVC double glazed French doors open directly onto the balcony, and gas central heating radiator.
Bedroom A well proportioned double bedroom featuring a range of fitted wardrobes and over bed storage, together with a fitted dressing table and drawers.
A UPVC double glazed window provides natural light, complemented by a gas central heating radiator.
Shower room The shower room comprises a low level flush WC, wash hand basin and walk in double shower enclosure.
Further features include tiled walls, a UPVC obscure double glazed window, extractor fan and a white heated towel rail.
Balcony The property benefits from a balcony overlooking the front aspect of the building, providing a pleasant outdoor space, ideal for enjoying some fresh air or relaxing.
Parking The property benefits from allocated parking for one vehicle, together with an additional visitor parking space.
Communal facilities Residents also have access to a communal laundry facility within the building.
Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 100 years remaining (125 years from 2001) Service charge: £2,130/year Lease restrictions: Some pets may not be allowed.
Council tax band: A EPC rating: Survey Instructed The building Detached flat, standard construction Accessibility adaptations: Lift access, Level access, and Ramped access Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone great, Three great, EE great Parking: Allocated Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building In In the Old Paignton conservation area (per ; confirm via the local authority search).
No tree preservation order Title register restrictions (DN462463): - The lease contains a prohibition/restriction on dealings (a restriction on transfer, assignment or similar dealings).
Any dealing made in breach of that prohibition is excepted from the effect of registration and will not be protected. Review the lease for the exact consent requirements and procedure.
- Obligations under the lease to pay ground rent (£50 for the first five years, then as provided in the lease), service charge and insurance rent—these are ongoing tenant payment obligations.
- The lease is likely to contain tenant covenants limiting use, alterations, subletting or similar matters and requiring landlord consent for some actions.
Check the lease itself for the precise restrictive covenants and any specific limits (for example on alterations or subletting).
No environmental risks recorded All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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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Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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.
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FAQ
About Elmsleigh Court,Flat 10, Elmsleigh Road, Paignton
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