2-bedroom flat · TQ4 6FA
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptional two double bedroom duplex penthouse presents a rare opportunity to acquire a contemporary coastal home with stunning sea and coastal views.
Situated in a perfect location for easy access to the beach, coast path and an array of local amenities, the property offers well-proportioned accommodation arranged over two floors.
Upon entering, you are greeted by a welcoming hallway leading to the main bedroom being generously sized, featuring an en suite shower room and a private balcony that provides breathtaking sea and coastal vistas.
The second double bedroom benefits from built-in furniture, ensuring excellent storage solutions and a streamlined aesthetic.
A stylish, contemporary fitted bathroom serves the second bedroom and guests.
At mid level there is a comfortable lounge, ideal for relaxing or entertaining guests, and a versatile study or snug area that is perfect for working from home or enjoying quiet moments.
The upper floor features a contemporary fitted kitchen and dining room being thoughtfully designed, offering ample space for culinary pursuits and family meals, and seamlessly opens onto a fantastic, good-sized roof terrace (ideal for al fresco dining and enjoying the spectacular views).
The property also includes two allocated parking spaces, an external store and access to a shared rear courtyard, as well as well-tended communal gardens (perfect for socialising with neighbours or relaxing in a tranquil setting).
Secure access, underfloor heating throughout and individual room heating controls and air filtration system ensure both comfort and peace of mind for residents.
This superb penthouse is an outstanding choice for those seeking a luxurious coastal lifestyle, combining modern finishes, thoughtful design and an enviable location close to all the attractions and conveniences of the area.
Early viewing is highly recommended to fully appreciate the quality and setting of this remarkable home.
The property is offered for sale with the original lease of 999 years plus a share of the freehold.
Currently the service charge is £1100 per annum with an additional £200 per annum contribution towards sink fund.
Holiday letting is not permitted and residing pets are subject to consent Broadsands Management Ltd.
EPC Rating: C Location Favoured residential location ideally situated for access to both Broadsands beach which provides excellent beach facilities and Elberry Cove with its sparkling crystal water.
The South West coast path and other popular walks are all within easy reach. The Local amenities also include regular bus service, convenience store, pharmacy and cafe.
Communal Garden Well tended communal gardens to side and rear of the property. Courtyard Rear paved shared courtyard area with lockable store. Parking - Allocated Parking Two allocated parking spaces.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 Flat 4, Broadsands Broad Reach, Paignton
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