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See how verdicts work2-bedroom flat · TQ3 2SR
Sold STCListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY This first-floor apartment is offered to the market chain-free and occupies a desirable position within a purpose-built development.
Ideally positioned on a level location, this property lies within comfortable walking distance of Paignton's town centre, Call Connells today to book your viewing DESCRIPTION On at a guide price of £160,000 to £170,000.
This first-floor apartment is offered to the market chain-free and occupies a desirable position within a purpose-built development.
Featuring its own private entrance to the front with its own dedicated outside space, the property surprises you with its generous internal proportions, creating a bright and versatile living space.
Complemented by parking directly in front of its private garage which is found in the residents' courtyard.
Ideally positioned in a level location, this property lies within comfortable walking distance of Paignton's vibrant town centre, home to an excellent array of shops, cafes, and seaside attractions including the beach and harbour.
The area is well served by public transport, with railway and bus stations offering convenient links across the region.
Nearby, the charming Preston area and the grounds of the notable Oldway Mansion provide additional local facilities and recreational opportunities, further enhancing the appeal of this well-connected setting.
Entrance The property benefits from dual access points—either from the rear via the residents’ courtyard.
The front entrance is approached through a lawned garden area with a paved pathway and a mature tree and plant borders.
Entry is gained through a double-glazed door, which opens onto a staircase leading to a landing area brightened by a side-facing double-glazed window.
From here, an internal door provides access to the main hallway, which serves the principal rooms. The hallway includes a built-in storage cupboard and a loft hatch offering additional storage space.
Bedroom One 12' 10" x 12' 4" ( 3.91m x 3.76m ) Front aspect double glazed window. Built in wardrobe and electric points Bedroom Two 11' 3" x 9' 5" ( 3.43m x 2.87m ) Also another double.
Side aspect double glazed window with sea peeps.
Space for furniture Wetroom This modern wet room has been designed with accessibility in mind, comprising a walk-in electric shower with a fold-down seat and grab rail.
A pedestal wash basin and low-level WC are situated below an obscured double-glazed window.
Additional features include fully tiled walls, a wall-mounted heated towel rail, and water & slip resistant flooring.
Lounge 15' 6" x 11' 9" ( 4.72m x 3.58m ) A well-sized reception room with a front-facing double-glazed window providing plenty of natural light.
The room includes an electric fireplace set within a retro tiled surround, creating a focal point. A capped gas supply remains in place, indicating the possibility of a previous gas connection.
Access to the kitchen is provided via a sliding glazed internal door. Kitchen 9' 7" x 9' 7" ( 2.92m x 2.92m ) Rear aspect double glazed window and door leading to rear access.
The kitchen is fitted with a range of matching wall and base units complemented by work surfaces and tiled splashbacks. A stainless steel sink and drainer.
The kitchen also provides under-counter space and plumbing for a washing machine, space for an oven, a built-in cupboard housing the hot water cylinder, and a separate pantry cupboard for additional storage.
Courtyard Outside space and residents courtyard leading to your garage Garage 16' x 7' 11" ( 4.88m x 2.41m ) With up and over door 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Southfield Road, Paignton
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