1-bedroom flat · TQ3 2TX
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description A beautifully presented one bedroom ground floor apartment situated within the highly regarded Richmond Court development in the sought-after location of Preston.
Recently refurbished throughout with modern décor, new carpets, a contemporary kitchen and stylish shower room, the property offers true turn-key accommodation.
Uniquely benefitting from its own private courtyard garden, the apartment also enjoys access to residents’ parking, beautifully maintained communal gardens, an on-site House Manager and excellent communal facilities.
Conveniently positioned close to local shops, bus services and Preston seafront, this wonderful home is ideal for those seeking comfortable and low maintenance living.
Entrance hallway A welcoming entrance hallway providing access to the principal accommodation. Benefitting from useful storage and doors leading to the lounge, bedroom and shower room.
Living room A bright and inviting living room enjoying an abundance of natural light through uPVC double glazed French doors opening directly onto the private courtyard garden.
Offering ample space for both lounge and dining furniture, the room also benefits from an electric radiator and access to the kitchen.
Kitchen A modern fitted kitchen comprising a range of contemporary wall, base and drawer units with integrated appliances including a fridge freezer, induction hob, electric oven and extractor hood.
Further benefitting from a uPVC double glazed window. Bedroom A generously proportioned double bedroom featuring a built-in wardrobe, uPVC double glazed window and electric radiator.
Shower room A stylish and well-appointed shower room comprising a large walk-in shower enclosure, vanity wash hand basin and low level WC.
Additional features include a heated towel rail, a useful airing cupboard with plumbing for a washing machine and a uPVC double glazed obscured window.
Outside Private courtyard garden A particular feature of the property is its private courtyard garden, accessed directly from the living room, providing a pleasant and secluded outdoor seating area.
Communal grounds Richmond Court is set within beautifully maintained communal gardens, predominantly laid to lawn with attractive seating areas.
An enclosed central courtyard with a feature fish pond provides a peaceful setting for residents to enjoy.
Residents’ lounge A spacious communal lounge offering a range of facilities including a small kitchen and WC.
Patio doors open onto a sunny patio area overlooking the communal gardens, creating an ideal social space for residents. Parking Residents’ parking is available on a non-allocated basis.
House manager An on-site House Manager is available, providing additional reassurance and support for residents.
Dustbin store A communal bin store is provided with facilities for both general waste and recycling. Agents notes These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 7, Richmond Court, Paignton
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