1-bedroom flat · TQ4 6PT
For saleReduced £3k (−3.6%) on 18 SepListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One-Bedroom lower ground floor retirement apartment with private access.
Located in the sought-after Homebourne House, this one-bedroom apartment offers comfortable and secure living for residents aged 60+.
Enjoy direct access from the bright living room onto the beautifully landscaped gardens in a conservation area.
Key Features: • Spacious living room with archway to fitted kitchen • Double bedroom with built-in wardrobe • Bathroom with emergency pull cord • 24-hour emergency Appello call system & visiting Development Manager • Lift access & communal gardens • Residents parking Perfect for those seeking a peaceful, community-focused retirement.
Paignton is famous for its long, sandy beaches, paddler-friendly waters and a colourful, bustling pier, the town remains a popular, traditional seaside resort.
Paignton has origins as a Celtic settlement and was first mentioned in 1086. It grew as a small fishing village and a new harbour was built in 1847.
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.
Area
Agent & docs
FAQ
About 4 Homebourne House,, Belle Vue Road, Devon
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