2-bedroom bungalow · TQ3 2LJ
Listing removedReduced £10k (−2.7%) on 23 JulListed 272 days
Opportunity summary
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About
Description Situated in a popular residential area in Preston, and enjoying superb sea views from the rear of the property stretching across to Torquay.
The property is ideally situated for easy access to the Torbay Ring Road, giving access to other nearby towns and cities.
The busy suburb of Preston is within easy reach with a selection of shops and facilities, as well as the beautiful Preston and Paignton beaches and sea front.
This detached bungalow is offered for sale in great order, finished to a high standard, featuring panoramic sea views stretching to Thatcher Rock, Torquay.
The accommodation briefly comprises an entrance porch leading into the entrance hallway with doors to the good-sized lounge with large picture window featuring superb panoramic sea views across to Thatcher Rock in Torquay.
The modern fitted Kitchen/Breakfast room features an integrated dishwasher, breakfast bar seating area and french doors out to the rear garden, enjoying superb sea views.
There are two double bedrooms, one of which has an en-suite shower room/W.C, and a good-sized bath and shower room/W.C.
Outside to the front, there is a contemporary driveway providing off-road parking for ample vehicles and a front garden stocked with inset shrubs and bushes.
There are a couple of steps down to the entrance and garage, which has a courtesy door to the rear.
The rear garden is enclosed by fencing, featuring a good degree of privacy and superb panoramic sea views stretching to Thatcher Rock, Torquay.
There is a patio slabbed area with inset shrubs and bushes throughout the garden.
There is access into an under house storage area which houses the gas boiler and has the added benefit of power and lighting. An internal viewing is recommended.
Council Tax Band: D (Torbay Council) Tenure: Freehold Entrance Double glazed door leading into Entrance Porch PVCu double glazed windows and PVCu double glazed obscure door leading into Entrance Hallway Central heating radiator, power points, built-in storage cupboard.
Doors to Lounge Good size room with large PVCu double glazed picture window enjoying superb sea views across to Torquay. Central heating radiator. Power points.
Kitchen PVCu double glazed window and PVCu double glazed french doors leading out to the rear garden featuring superb panoramic sea views.
Central heating radiator, wooden flooring, space for american style fridge/freezer, space for range cooker with concealed extractor above, wall and base kitchen fitted units, integrated dishwasher, one and a half bowl stainless steel sink unit inset to work surfaces, power points, tiled splashback, PVCu double glazed obscure door leading into Utility/Lean To PVCu double glazed doors and windows to front and rear giving access, cupboard with space and plumbing for washing machine and space for tumble dryer.
Bedroom 1 PVCu double glazed window to front, central heating radiator, power points, fitted wardrobes, feature panelling to wall.
Door to Ensuite Shower Room/W.C PVCu double glazed obscure window, extractor fan to wall, wash hand basin inset to vanity unit, close coupled W.C, corner shower enclosure, electric shower over and tiled splashback.
Bedroom 2 PVCu double glazed window to front, central heating radiator, power points.
Bathroom/W.C PVC double glazed obscure window, part tiled walls, white suite with panelled bath and mixer taps, close coupled W.C, large wash hand basin inset to vanity unit, cupboard, shower enclosure with glass door and main shower over with tiled splashback, extractor fan to wall, chrome central heating towel radiator.
Outside To Front Driveway providing off-road parking, front garden stocked with inset shrubs and bushes, step down to entrance and garage, gated access to side, outside tap.
Garage Up and over door, power and light, courtesy door to rear garden.
Outside To Rear The rear garden is enclosed by fencing, featuring a good degree of privacy and superb panoramic sea views stretching to Thatcher Rock, Torquay.
There is a patio slabbed area with inset shrubs and bushes throughout the garden. Access to Under House Storage Area Gas boiler to wall, power and light.
Tenure - Freehold Council Tax Band: D (Torbay Council)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 132 Laura Grove, Paignton
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