2-bedroom flat · TQ3 2NQ
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom first floor retirement apartment Tembani Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 92 properties arranged over 4 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our property consultant if you require any information regarding Event Fees that may apply to this property.
Accommodation Entrance hall Emergency intercom, door entry system. Illuminated light switches. Ceiling light. Power point. Door to cupboard housing intruder Alarm and electric meters.
Cloakroom Fitted with WC and wash hand basin. Emergency pull cord. Living Room With Juliette Balcony Electric night storage heater. Power points to include TV aerial point. Light point.
Emergency pull cord. Wall light fittings. Telephone point. Kitchen With Window Tiled and fitted with a range of wall and floor cupboards.
Stainless steel sink unit with single drainer and working surfaces. Fitted hob with overhead extractor hood and separate fan oven. Space for under the counter fridge and freezer. Ceiling light.
Fan heater. Emergency pull cord. Bedroom One With Window Built in wardrobe with folding mirror doors. Illuminated light switch. Electric night storage heater. Power points. Emergency pull cord.
Wall light fittings. Telephone point. Shower Room Tiled and fitted with suite comprising shower unit with grab rail. WC with low level flush, vanity unit. Extractor fan. Heated towel rail.
Bedroom Two With Window Wall light points Emergency pull cord.
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
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FAQ
About 31, Tembani Court, Paignton
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