1-bedroom flat · TQ3 1JA
To rentListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This well-presented one-bedroom apartment offers comfortable living in a sought-after coastal location, featuring lovely sea views from the spacious open-plan lounge and kitchen area.
The property is unfurnished, allowing you to personalise the space to your taste. The kitchen is seamlessly integrated with the lounge, creating an ideal setting for relaxing or entertaining guests.
The bedroom is generously sized, ensuring ample space for your furnishings and storage needs.
Residents will appreciate the convenience of a private car park (included with the property), making parking hassle-free at any time of day.
The property is situated within council tax band A, offering an economical option for those seeking quality accommodation at an affordable rate.
As an added benefit, occupants have access to a large communal garden. This apartment is ideal for professionals or individuals looking for a peaceful home with stunning views and practical amenities.
Criteia And Notes EPC Rating - D Council Tax Band A Criteria: No smokers / No sharers Notes: In order to qualify for a tenancy without a guarantor the total annual income required between the tenants is a minimum of 36 times the monthly rent.
If a guarantor is required the calculation is 42 times the monthly rent.
The 1st month's rent will need to be paid in advance and to reserve the property 1 week's rent is payable as a holding deposit, this is will go towards the full deposit should referencing be satisfactory.
The holding deposit will not be refundable should you fail your referencing or pull out from renting the property. Referencing forms must be completed within 7 days of paying the holding deposit.
The full deposit is equivalent to 5 weeks' rent.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 5, 21 Sandringham Gardens, Paignton
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