2-bedroom bungalow · TQ3 1DN
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area in Preston, and having good access to the Torbay Ring Road.
There is a local parade of shops within a 5 minute walk around in Preston Down Road, including a sub post office/newsagents and a local convenience store.
Occombe Woods is also within easy access which is ideal for dog walkers. Preston also has a beautiful promenade and beach, which leads through onto Paignton seafront.
There is also a local bus route nearby. This detached bungalow is offered for sale with no onward chain, being situated in an idyllic position in Upper Preston.
The accommodation is set over one floor briefly comprising an entrance porch, sliding door leading into the good size dining hall.
There are doors to the lounge and fitted kitchen, which has a lean to giving access to the rear garden.
Accessed from the dining hall is an inner hallway with a useful airing cupboard and doors to the two double bedrooms, both overlooking the rear gardens and the bathroom/W.C.
Outside to the front, the garden is laid to gravel chippings for ease of maintenance with inset mature shrubs and bushes.
There is also access to the single garage and gated access leading around to the side of the property.
The rear garden is enclosed, featuring a good degree of privacy with mature trees and bushes featuring various areas laid to lawn and timber decked areas. An internal viewing is recommended.
Council Tax Band: C (Torbay Council) Tenure: Freehold Entrance Three steps up to PVCu double glazed door leading into Entrance Porch Tiled flooring, PVCu double glazed windows, PVCu double glazed sliding door leading into Dining Hall Good size room, power points, central heating radiator, doors to Lounge PVCu double glazed picture window to front, gas fire inset to fireplace, power points, central heating radiator.
Kitchen Wall and base fitted kitchen units, central heating radiator, PVCu double glazed window to side, one and a half bowl stainless steel sink unit inset to work surfaces, space for cooker, integrated extractor over, space and plumbing for dishwasher, space and plumbing for washing machine, range of power points, space for fridge/freezer.
Opening into Porch PVCu double glazed windows and door with steps down to the rear garden, polycarbonate roof, power points, space for small table and chairs.
Inner Hallway Accessed from dining hall. Built-in airing cupboard with slatted shelving and central heating radiator, power point, access to loft.
Doors to Bedroom 1 PVCu double glazed window to rear overlooking the rear garden, central heating radiator, power points.
Bedroom 2 PVCu double glazed window to rear overlooking rear garden, central heating radiator, power points.
Bathroom/W.C Panelled bath with shower over, pedestal wash hand basin, low-level flush W.C, PVCu double glazed obscure window.
Outside to Front The front garden is laid to gravel chippings for ease of maintenance with inset shrubs and bushes. There is gated access to the side which leads to the rear gardens.
Garage Manual up and over door, electric fuse board and electric meter to wall, gas boiler to wall.
Outside to Rear The rear garden has gated access to the side with outside tap and is enclosed by fencing featuring a good degree of privacy with mature hedging, shrubs and bushes.
The majority of the garden is laid to lawn with timber decked areas and an area laid to gravel chippings. Tenure - Freehold Council Tax Band: C (Torbay Council)
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
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FAQ
About Preston Down Road, Preston, Paignton
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