£525,000

Property

Paignton, TQ3

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First listed on: 25th May 2024

Nearest stations:

  • Paignton (0.3 mi)
  • Torquay (2.2 mi)
  • Torre (2.9 mi)
  • Totnes (4.8 mi)
  • Ivybridge (5.1 mi)

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Call: See phone number 01803 212021

Property Features

  • Substantial Residential Investment Opportunity
  • Comprising 8 x One Bedroom Flats, 2 x Two Bedroom Flats & Car Park
  • Fully Let Producing a Rental Income of Circa. £53,000
  • Located in Paignton Town Centre Close to all Local Amenities
  • Viewing Highly Recommended

Property Description

Tenure: Freehold

A large freehold investment property located on Winner Street, in Paignton's town centre. The property is comprised of ten self-contained flats, arranged as 4x one-bedroom flats, 2x two-bedroom flats and a car park.

The flats are self-contained, with sub meters for electric and gas usage. Tenants are responsible for their own water and council tax.

When fully let the property produces an income of circa. £53,000 per annum.

The car park at the rear has space for 5 vehicles, and the landlord lets these on an informal basis at a weekly rent of £8 per space.

Property Features

  • Substantial Residential Investment Opportunity
  • Comprising 8 x One Bedroom Flats, 2 x Two Bedroom Flats & Car Park
  • Fully Let Producing a Rental Income of Circa. £53,000
  • Located in Paignton Town Centre Close to all Local Amenities
  • Viewing Highly Recommended

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
27/05/2024 Property listed at £525,000

Disclaimer

Disclaimer Property reference 13172TQ1_12403090. Details are provided and maintained by Bettesworths Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Bettesworths Estate Agents, Torquay

29-30 Fleet Street

Torquay

Devon

TQ1 1BB

Tel: See phone number 01803 212021

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference 13172TQ1_12403090. Details are provided and maintained by Bettesworths Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Bettesworths Estate Agents, Torquay

29-30 Fleet Street

Torquay

Devon

TQ1 1BB

Tel: See phone number 01803 212021

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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