1 bed Flat For Sale £115,000
Paignton, Paignton TQ3

Freehold flat in Prime Paignton Location!

Unlock the potential of this fantastic investment property! Ideal for investors seeking a steady rental income, those looking to expand their property portfolio or potential to buy this and the upper flat and easily convert back to a 4 bed family home with potential to add parking at the rear.

Key Features:

Prime Location: Situated near the heart of Paignton, this property enjoys close proximity to local amenities, transport links, and the beautiful South Devon coastline. A prime location for attracting tenants and ensuring high occupancy rates.

Rental income Potential: Benefit from the income streams generated by renting out this 1-bedroom flat. Whether you choose to rent to long-term tenants or explore the lucrative short-term rental market, the options are diverse.

Low Maintenance: With recent renovations and modern finishes, these flats require minimal ongoing maintenance. Invest with confidence, knowing that your property is set to attract tenants seeking contemporary living spaces.

Strong Rental Demand: Paignton's thriving rental market ensures a consistent demand for well-maintained and conveniently located properties. Capitalize on the current trend of increasing property values in the area.

The flat is currently rented and achieving a rental income of £525 pcm.

The flat is currently registered as Freehold. The owner is also selling the upper flat with the leasehold with 999 years from 19.02.2003.

Council tax rating of A.

Act fast to secure this exceptional investment opportunity! Contact us today to arrange a viewing and discuss the potential returns and benefits of this freehold property.