27 Elsdale Road, Paignton, Devon, TQ4 5NX

Description

Vacant freehold detached house with off-street parking, garage, and front and rear gardens. Well located for the amenities of Paignton.

Accommodation

Ground floor: reception room, dining room, kitchen. First floor: three bedrooms, shower room/WC. GIA approximately 89.4 sq m (962 sq ft).

Location

The property is situated on the east side of Elsdale Road, to the north of Wheatlands Road. A range of local shops and amenities are available within Paignton town centre. CrossCountry and GWR rail services are available from Paignton station, which is easily accessible. The A380 and A385 are easily accessible. The open spaces of Clennon Gorge are within walking distance, and Goodrington Beach is also nearby.

Tenure / Property Information

Investment Analysis

The most relevant evidence is the same-road detached freehold sales at £270,000 in September 2026 and £282,500 in January 2025. The £315,000 sale from 2022 is older, while the £247,500 and £255,000 sales are earlier. Subject to condition and specification being broadly comparable, a base GDV of £282,500 is supported, with a cautious evidence range of £270,000–£315,000. No condition or refurbishment detail is supplied, so the valuation remains provisional.

Investment Snapshot

Strategy Recommendation

Undertake full inspection, legal review and fee verification before bidding. The evidence suggests potential value against recent same-road sales, but the property should not be underwritten as a BTL or flip until rent, condition, works and all costs are established.

Works Required

No specific defects or required works are evidenced. A survey, inspection and statutory checks should establish whether any repairs, upgrading, redecoration or garden/garage works are required; no works allowance can be quantified from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £190,000 guide, the indicated 75% refinance of the base GDV would be £211,875 before allowing for purchase costs, works, finance, valuation criteria and taxes. Because works and buyer or administration charges are unknown, cash required and cash left in cannot be calculated. The refinance outcome also depends on the lender's valuation and property condition.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross yield, operating return and an income-based maximum bid cannot therefore be calculated.

Flip Analysis

The sold comparables indicate a potential resale value around £282,500, but a flip appraisal cannot be completed because refurbishment costs, purchase costs, selling costs and any finance costs are not supplied. The guide is not a confirmed purchase price.

Investor Risks & Due Diligence

• The guide price is not the confirmed purchase price.

• Property condition and required works are not evidenced.

• No sufficiently specific rental evidence is available.

• Buyer premium, administration charges and other fees are unspecified.

• The comparable sales may differ in condition, specification, size or presentation from the subject property.

• Additional seller or third-party charges may apply.

Recommendation

Undertake full inspection, legal review and fee verification before bidding. The evidence suggests potential value against recent same-road sales, but the property should not be underwritten as a BTL or flip until rent, condition, works and all costs are established.

Strategy Rating

Analysis Confidence

Several same-road completed sales support a provisional GDV range, but there is no condition, EPC, rental, buyer-fee, administration-fee or works-cost evidence.