2-bedroom bungalow · TQ4 7LR
Listing removedListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom detached bungalow is located in a popular, highly desirable level location adjacent to the convenient shopping facilities at Cherry Brook Square which include pharmacy, bakery, newsagents and large Co-Op along with Doctor and Dental surgeries.
A local bus service is close at hand for access into both Brixham and Paignton town centres along with the surrounding area.
The bungalow which is deceptive at first glance has ample driveway parking and landscaped front and rear gardens for ease of maintenance, the rear garden is enclosed with gated access at the side of the bungalow.
Internally a front entrance porch opens to a good size lounge/dining room which has vinyl wood effect flooring and a feature fire surround with electric fire.
The full height window allows plenty of natural light into the living space.
An inner hall gives access to the larger than average kitchen/breakfast room which has been altered to incorporate the original second bedroom space, (this could be reverted if a purchaser required).
The kitchen is fitted with a range of white faced wall and base cupboards, contrasting working surfaces and tiled surrounds, there is a freestanding 'Stoves' cooker in place and ample space for white goods.
A useful rear porch leads off the kitchen to the rear garden.
A wet room is also accessed from the inner hallway which comprises: Shower area with independent electric shower vanity unit with washbasin and W.C.
The original garage has been converted to a hobby room or occasional single bedroom, there are cupboards fitted housing gas and electric meters and also a 'Baxi' combination boiler which was replaced in November 2025.
Double glazing is installed throughout.
In summary this super bungalow is ideally placed close to shops and facilities and offers a most comfortable home, close to transport links, ideal for retirement with low maintenance upkeep.
Offered for sale with no onward chain.
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
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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 49a, Hookhills Road, Paignton
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