1-bedroom house · TQ3 3QY
Listing removedListed 120 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal location, walking distance to Paignton Town Centre suitable for single person this ground floor bedsit has own kitchen area and communal shower/toilet. Double glazed and electric heater.
Rent includes water . Zero deposit scheme accepted. This ground floor bedsit is suitable for single occupancy, ideal for someone who works in Paignton as the town is within walking distance.
Situated within a character house that has been newly decorated and carpeted throughout the communal areas. A shower room & w.c is located on the first floor that is shared by 3 other bedsits.
The room itself has an area with kitchen cupboards and sink. A bright room with bay fronted aspect with double glazing and electric heating.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Room 6, Lamorna, Colley End Road, Paignton
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