4-bedroom bungalow · TQ3 1JX
Listing removedReduced £34k (−6.6%) on 20 JunListed 380 days
Opportunity summary
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About
Description Situated in the popular residential area of Preston, with easy access to the Torbay Ring Road, giving access to the A380 and the M5 to nearby towns and cities.
The busy suburb of Preston is close at hand, with many local shops and amenities, including the doctors surgery and sub post office.
There is also a main bus service giving access to nearby towns of Paignton, Torquay and Newton Abbot.
This unique detached property has been significantly improved by the current owner and extended to provide a spacious and modern living space.
The accommodation briefly comprises an entrance hallway with doors to 3 of the 4 bedrooms and the family bathroom/W.C.
There are stairs down to the lower ground floor, and an opening leading into the Open-plan Lounge/Kitchen/Dining Room.
The open plan living space has an impressive vaulted ceiling with 3 velux windows which are electrically operated with rain sensors. There are bi-fold doors out to the rear garden.
The kitchen features a range of integrated appliances and solid oak work surfaces.
Heading downstairs, there is a utility room with door leading into a further bedroom which has an en-suite shower room/W.C. And door to the integral garage. An internal viewing is highly recommended.
Council Tax Band: D (Torbay Council) Tenure: Freehold Entrance Steps up and composite front door leading into Entrance Hallway Herringbone engineered flooring, access to loft with pull-down ladder, stairs rising down to lower ground floor level, power points, contemporary central heating radiator, doors to three of the bedrooms and family bathroom.
Opening into Open Plan Kitchen/Lounge/Dining Room PVCu double glazed window to front, central heating radiator, power points, leading through to Lounge area - PVCu double glazed window to rear, three velux windows electrically operated with rain sensor, power points, contemporary central heating radiator.
Kitchen – PVCu double glazed window to front, range of wall and base fitted kitchen units, two single integrated ovens, fridge/freezer, four ring induction hob with inset extractor, stainless steel Belfast sink, dishwasher, range of power points, solid oak work surfaces, herringbone engineered flooring.
Dining - Space for dining table and chairs, TV aerial point, power points, contemporary central heating radiator, bi-fold doors leading out to the rear garden.
Bedroom 2 Range of fitted wardrobes with sliding doors, central heating radiator, PVCu double glazed window to front, power points.
Bedroom 3 PVCu double glazed window to rear, central heating radiator, power points. Family Bath And Shower Room/W.C.
PVCu double glazed obscure window, LED wall hand mirror, wash hand basin inset to fitted unit, freestanding bath with mixer tap on wall and shower attachment to side.
Close coupled W.C, walk-in shower with glass screen and shower attachment, fully tiled wall and flooring, central heating towel radiator, sensor lights in floor.
Lower Ground Floor PVCu double glazed window, built-in fitted units and space and plumbing for washing machine, space for tumble dryer, power points, contemporary central heating radiator, cupboard with access into the under-house storage.
Door to Bedroom 1 PVCu double glazed window to front, central heating radiator, power points, cupboard housing electric consumer unit and meter, door leading to access garage.
Door to Ensuite Shower Room/W.C Extractor fan to ceiling, part tiled walls and tiled flooring, wall hand wash basin, W.C. With concealed system, walk-in shower, central heating towel radiator.
Outside To Front Lawned areas to front, steps leading up to the front door, off-road parking on brick-paved driveway, access to garage with electric roller door, gated side access via both sides of the property with steps up to the rear.
Outside To Rear The garden is laid for ease of maintenance having recently been landscaped and laid to patio slabbing with steps up to tiered areas, again featuring patio slabbing and gravel chippings.
There are steps up to the remainder of the garden which is laid to lawn with balustrading, featuring lovely sea views stretching to Berry Head, Brixham.
There is mature foliage surrounding and the property features a gated side access via both sides of the property with steps down to the front.
Garage Power and light, electric roller door, courtesy door leading to the inside of the property. Tenure - Freehold Council Tax Band: D (Torbay Council)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
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FAQ
About 162 Southfield Avenue, Paignton
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