1-bedroom flat · TQ4 5XY
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Front door leads into :- communal hallway Lift service to all floors. Front door to Number 98. Hallway Useful deep storage cupboard. Room thermostat. Smoke alarm. Doorbell chime.
Under floor heating. Further cupboard housing the central heating boiler. Doors to principal rooms.
Open plan living room kitchen - 8.71m x 3.78m Max (28'6" x 12'4") Lounge Area - Double glazed window. Smoke alarm. TV point. Room thermostat. Underfloor heating. Open plan to the Kitchen Area.
Kitchen Area - Fitted with a good range of wall and floor mounted units with rolled edge work surfaces and tiled splash backs.
Fitted oven, hob with stainless steel cooker hood over and fridge/freezer. Single drainer sink with mixer tap over. Space and plumbing for a washing machine. Downlighters.
Bedroom - 4.37m x 3.32m (14'4" x 10'10") Double glazed window. Coved ceiling. Telephone point. Smoke alarm. Room thermostat. Underfloor heating.
Door leads through to :- wetroom - 2.82m x 1.74m (9'3" x 5'8") Tastefully designed with a wall hung basin, concealed cistern low level WC and a good sized walk-in shower area with a fitted mixer shower.
Medicine cabinet. Shave light and point. Room thermostat. Extractor fan. Underfloor heating. Part tiled walls. Doors to the Bedroom and Hallway.
Outside The property sits within its own landscaped, well tended communal gardens. A Bus Stop is located close by as is the Town Centre and Morrisons Supermarket.
Site amenities Whitley court is a quality apartment block which is designed to accommodate the retired living, with 24 hour emergency call availability for independence, an on-site restaurant, residents' lounge, hairdressing salon and a multi-functional cinema room!
There are regular gatherings and entertainment arranged within the community for things such as; coffee mornings, crafts, bingo and more. Agents notes Residents must be at least 55 years of age.
The sale price of the apartment is for a 60 % share with the remaining 40% share being retained by Sanctuary Housing for which you pay £68.70 per month.
Prospective purchasers must meet specific residency criteria, not own or have an interest in another property and be assessed and approved by Sanctuary Housing prior to purchase.
Gas central underfloor Heating Council Tax Band B. All mains services. A 99 year lease from 2014. The current service charge we are told is £289.16 p/c/m including water.
No letting of any sort is allowed. Some pets may not be allowed. Open reach says that superfast broadband is available in the street and there is a good mobile signal.
All buyers must pass financial assessment and have a local connection to the Area as per the lease.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 98, Whitley Court, Hayes Road, Paignton, TQ4 5XY
Explore nearby