2-bedroom bungalow · TQ3 3UQ
Sold STCReduced £20k (−9.1%) on 17 JulListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £220,000 - £235,000 property description A two bedroom semi detached bungalow comprising of a welcoming inner hallway, a spacious lounge/diner, kitchen, two double bedrooms, family bathroom, garage, off road parking and sunny rear gardens.
The bungalow is ideally situated within easy reach of both primary and secondary schools, an array of supermarkets, Paignton zoo, bus links and more. The property is being sold with no onward chain!
Entrance hall A uPVC double glazed front door opens into a welcoming entrance hall, providing access to the principal rooms.
The hallway benefits from a useful fitted storage cupboard, overhead lighting, and a gas central heating radiator.
Lounge/dining room A spacious and light filled lounge/dining room offering ample space for a variety of furniture arrangements.
Features include TV and internet points, a large uPVC double glazed window overlooking the front garden, and two gas central heating radiators.
Kitchen A fitted kitchen comprising a range of wall mounted, base and drawer units with work surfaces above.
Integrated appliances include a stainless steel sink and drainer, electric oven with grill, and a four ring hob with extractor hood above.
There is also space and plumbing for a washing machine and an under counter fridge.
A uPVC double glazed window enjoys views over the rear garden, while a uPVC double glazed door provides direct access outside. Gas central heating radiator.
Bedroom one A generous principal bedroom situated to the rear of the property, overlooking the garden.
The room offers ample space for bedroom furnishings and benefits from a uPVC double glazed window and gas central heating radiator.
Bedroom two A well proportioned second double bedroom positioned to the front of the property, featuring a uPVC double glazed window and gas central heating radiator.
Bathroom Fitted with a three piece suite comprising a low level WC, pedestal wash hand basin, and panelled bath with new electric shower over.
Additional features include partially tiled walls, a uPVC obscure double glazed window, and a gas central heating radiator.
Outside The property enjoys a substantial tiered rear garden, offering a fantastic blank canvas for prospective buyers to create and landscape their ideal outdoor space.
Additional benefits include an external water tap and courtesy door providing access to the garage. Garage A single garage with a metal up and over door, offering excellent storage space.
The garage is equipped with lighting, meters, and a courtesy door leading directly into the rear garden.
Front To the front the property benefits from a driveway providing off road parking for up to 2/3 vehicles in tandem leading to the garage.
A generous lawned front garden sits alongside the driveway and is enhanced by a variety of mature shrubs and established planting.
Verified Material Information Costs and tenure Tenure: Freehold Council tax band: C EPC rating: Survey Instructed The building Semi-detached bungalow, standard construction Accessibility adaptations: Lateral living Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing and open fire Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE good Parking: Garage, Driveway, and On Street Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN383020): - The property is subject to restrictive covenants (legal rules that limit what can be done with the land) contained in a document from 1964.
These are common in residential areas to ensure the neighborhood remains in a certain condition. - There is a provision regarding light and air from 1964.
This generally means the owner cannot prevent neighbors from building or making changes to their own property by claiming a right to the light or air that passes over it.
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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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 40, Waterleat Road, Paignton
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