2-bedroom bungalow · TQ3 1RE
For saleReduced £10k (−3.4%) on 29 SepListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in the popular residential area of Preston, being within easy reach of the busy suburb of Preston with a good selection of shops and amenities, including the doctors surgery, sub post office, Tesco and Sainsburys.
Also the beaches of Preston and Paignton are close at hand. This well presented detached chalet bungalow offers versatile and well proportioned accommodation, ideal for a variety of buyers.
The property comprises a bright bay fronted lounge, a fitted kitchen with integrated oven and gas hob, a dining room/bedroom two with French doors opening onto the rear garden, a ground floor double bedroom and a modern shower room.
To the first floor there is a further spacious loft room with useful eaves storage.
Outside, the property benefits from off road parking for two vehicles, low maintenance front gardens and a useful under house storage with power, lighting and plumbing.
The private, tiered rear garden enjoys a good degree of privacy and features patio seating areas, lawn, raised decking with an open outlook, and a summer house, creating an excellent space for relaxing or entertaining.
An internal viewing is highly recommended.
Council Tax Band: C (Torbay Council) Tenure: Freehold Entrance Steps up to side and PVCu double glazed obscure door leading into Entrance Hall Power points, built-in storage cupboard with shelving, two central heating radiators.
Opening into kitchen, doors to Lounge PVCu double glazed bay window to front, central heating radiator, power points, space inset to chimney breast.
Bedroom 1 PVCu double glazed window to front, central heating radiator, power points.
Bedroom 2/Dining Room PVCu double glazed doors leading out to the rear gardens, central heating radiator, power points. Shower Room/W.C.
Two PVCu double glazed obscure window to side, corner shower enclosure, glass sliding doors, electric shower over, fitted wash hand basin inset to vanity unit, close coupled W.C.
Kitchen Wall and base fitted kitchen units, integrated single oven and four ring gas hob with extractor above, one and a half bowl stainless steel sink unit inset to work surfaces, pull out larder cupboard, range of power points, built-in under stairs storage cupboard with space for small fridge/freezer, stairs rising to first floor.
Rear Lobby Polycarbonate roof, PVCu double glazed windows and door leading out to the rear garden.
First Floor Door to Loft Room Roof window, central heating radiator, power points, door into eaves storage.
Outside To Front The front of the property benefits from having off road parking for two vehicles, with front garden areas with raised borders laid to gravel chippings for ease of maintenance, steps up to both sides and gated access to the rear garden.
Outside To Rear The rear garden is enclosed and laid to tiers featuring a great degree of privacy with mainly fencing to sides.
There is a patio area accessed from the dining room with gated access to both sides and steps to the front of the property.
There are steps up to the first tier which is laid to patio slabbing with garden furniture, a timber shed and a further area laid to lawn with slabbed pathway and surrounded by mature shrubs and planting.
The remainder of the garden features a raised timber decked area enjoying an open outlook, again with shrubs and bushes and steps and up to a summer house, perfect for entertaining.
Tenure - Freehold Council Tax Band: C (Torbay Council)
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 74 Shorton Valley Road, Paignton
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