3-bedroom bungalow · TQ3 1AH
Sold STCReduced £30k (−9.1%) on 29 JulListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom detached bungalow is situated in a highly sought after residential area.
Internally the accommodation briefly comprises of an entrance porch, entrance hallway, a good sized lounge, kitchen/breakfast room, 3 bedrooms and a shower room/wc.
The property has uPVC double glazed windows and electric wall mounted heaters.
The property is in need of some updating and offers a great opportunity to anyone looking to put their ‘own stamp’ on a future home. The bungalow is being offered for sale with no onward chain.
EPC Rating: D Location The property is located in a popular residential area, only a short distance to the Ring Road, linking Torquay and Newton Abbot with its mainline railway station.
Paignton town centre and sea front are just under 3 miles away, offering an array of shopping facilities and lovely coastal walks with a choice of wonderful beaches.
There is also a train station in Paignton and regular bus services linking the nearby towns of Torquay and Brixham.
More locally there is a convenience store within walking distance located on the Marldon Road along with further bus services.
Garden To the front of the property there is a tiered, stone fronted paved garden.
A path to the side of the bungalow gives access to the rear garden which is also laid for ease of maintenance, being mainly paved with raised flower boarders. Outside water tap.
Parking - Garage To the front of the bungalow there is a driveway providing parking, leading to the garage with up and over door, and electric light and power.
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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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 11 Green Park Road, Paignton
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