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See how verdicts work1-bedroom flat · TQ3 2BQ
For saleReduced £5k (−4.2%) on 20 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented first floor one-bedroom flat offers comfortable and stylish living, featuring a modern kitchen and tasteful decoration throughout.
The property has been thoughtfully maintained, creating a bright and welcoming atmosphere ideal for both first-time buyers and those seeking a convenient coastal home.
Description Situated in a highly convenient central Paignton location, the property is within easy walking distance of the town centre, where a wide range of shops, cafés, restaurants and everyday amenities can be found.
Paignton seafront, sandy beaches and the traditional pier are also close by, along with attractive green spaces and scenic coastal walks.
Excellent transport links are readily available, with nearby bus and rail services providing easy access to surrounding towns and cities.
Popular local attractions such as Paignton Harbour, the Dartmouth Steam Railway and Paignton Zoo are all within easy reach, making this an ideal location for both everyday living and leisure.
Location Leighon Road benefits from a very convenient position close to the heart of Paignton, with a wide range of amenities and attractions within easy walking distance.
The town centre is nearby, offering supermarkets, independent shops, cafés, restaurants, banks, pharmacies and everyday services, while Paignton bus and rail stations provide transport links across Torbay.
Directions What3Words///gifts.punchy.oils Material Information Mains gas, water, electric and drainage Council tax band A Local Authority - Torbay Council Tenure - Leasehold 999 year lease with 980 years remnaining Ground rent £0 per annum Service charge £1,380 per annum Review for ground rent 28/01/26 outcome tbc Review for service charges 01/10/2026 New windows and boiler in 2022
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 4, 20, Leighon Road, Devon
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