1-bedroom flat · TQ4 5JZ
Listing removedListed 125 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A contemporary first floor flat within a character semi-detached residence close to the town Centre, Train Station and the Seafront.
The property has been modernised throughout and now offers cosy, stylish, easy to manage accommodation comprising open plan living area with fitted kitchen, Bedroom and lovely shower room.
Outside there are well kept communal gardens and a parking space. Accommodation Communal front door with entry phone system leads into communal hallway where stairs rise to the first floor.
First floor landing Front door leads into :- open plan living room 16' 4" x 11' 11" (4.98m x 3.65m) Deep original bay window overlooking the front of the property and well kept gardens.
Stripped and stained doors and architraves. Range of quality fitted kitchen units with worktop extending to form a breakfast bar. Inset contemporary sink with mixer tap over.
Fitted oven within tower unit and two ring electric hob. Integrated spaces for washing machine and small fridge/freezer (these will be left but excluded from the tenancy) Smoke alarm. Down lighters.
Radiator. Wood effect flooring. Bedroom 11' 3" x 9' 8" (3.44m x 2.95m) Window to the side of the property. Radiator. Cupboard housing hot water cylinder.
Shower room Chic refitted shower room featuring glazed walk-in, oversized shower cubicle, wash hand basin and low level WC. Obscure glazed window. Radiator. Stylish shower wall boarding.
Outside Well kept communal gardens. Parking area accessed via New Street to the rear. Agents notes Council Tax Band A. Mains services with the exception of gas. Parking to the rear.
Prospective tenants must have good references and be able to show a gross earned income of circa £25500 per annum and be able to pay 5 weeks rent as a deposit to take up the tenancy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 3 Hallswell Court, 22/24, Totnes Road, Paignton
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