Studio Flat For Sale £250,000
Paignton TQ3

Mid-terrace freehold investment property located on New Road, Paignton. The property comprises four 1-bedroom flats, all of which are currently let and producing a gross income of £23,100 per annum. The flats are separately metered for utilities and each flat is responsible for their own council tax.

FLAT 4
Flat 4 is split across the ground and first floor with access to each room through the communal hallway.

LOUNGE/KITCHEN - 13' 1'' x 12' 10'' (3.98m x 3.92m)

BEDROOM - 10' 1'' x 10' 9'' (3.08m x 3.27m)

WC

SHOWER ROOM

FLAT 1

LOUNGE - 15' 6'' x 11' 2'' (4.72m x 3.41m)

KITCHEN - 9' 9'' x 8' 2'' (2.97m x 2.50m)

CONSERVATORY - 12' 0'' x 9' 0'' (3.65m x 2.75m)
With doors to rear garden.

BEDROOM - 13' 3'' x 10' 3'' (4.03m x 3.13m)

BATHROOM - 7' 2'' x 6' 5'' (2.19m x 1.95m)

WC

FLAT 2

KITCHEN - 9' 11'' x 6' 7'' (3.03m x 2.00m)

LOUNGE - 12' 3'' x 10' 3'' (3.73m x 3.12m)

BEDROOM - 10' 10'' x 9' 9'' (3.29m x 2.96m)

EN-SUITE SHOWER ROOM - 6' 4'' x 4' 8'' (1.94m x 1.41m)

FLAT 3

LOUNGE - 13' 5'' x 10' 11'' (4.08m x 3.34m)

KITCHEN - 7' 4'' x 6' 2'' (2.24m x 1.87m)

BEDROOM - 13' 6'' x 7' 6'' (4.11m x 2.28m)

EN-SUITE

EXTERNAL
There is a small hardstanding area to the front, currently used for bin storage. To the rear of the property is a garden which Flat 1 has exclusive use of.

UTILITIES
The flats are individually metred for electric and water which each tenant is responsible for. There is a gas connection to the property but this is currently capped and not in use.

COUNCIL TAX BANDS
Each flat is rated band A for council tax purposes.

EPC RATINGS
FLAT 1 - E.FLAT 2 - E.FLAT 3 - Pending Improvements.FLAT 4 - Pending Improvements.

VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Tenure: Freehold