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See how verdicts work1-bedroom flat · TQ3 2NE
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This beautiful top floor apartment has been completely renovated throughout to a high standard. With sea views, parking and being in a great location, it has to be viewed to be appreciated.
No onward chain. Description Ideally located in lower Preston, the local shops. Transport links and amenities are only a short walk away.
The apartment has been completely renovated throughout, and is ready to move into. The apartment benefits from allocated parking and communal gardens.
Being on the top floor, the apartment has beautiful sea views.
Internally the apartment comprises of, communal entrance hall with stairs to the top floor, entrance hall, living room, brand new fitted kitchen, brand new shower room, brand new carpets and flooring throughout, new glazing throughout and a great size bedroom.
With so much to offer, you have to view the great property to appreciate all it has to offer. No onward chain.
Front Of The Property Allocated parking, step's up to the communal garden, communal front door Communal Entrance Stairs up to the top floor and the apartment front door Hallway Living Room Window to the front with sea views, storage cupboard, Wall mounted night storage heater Kitchen Window to the side with sea views, base units with square edge worktop, one and a half bowl stainless steel sink and drainer, four ring hob with oven underneath, extractor hood overhead, Shower Room Velux style window to the side with sea views, glazed shower cubicle with a electric shower over head, heated towel rail, wash hand basin with a mixer tap and storage underneath, wall mounted mirror, Low level WC, extractor fan, eves storage Bedroom Velux window to the side, two storage cupboards, eves storage We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 5, 2, Southfield Rise, Paignton
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