5 Bed End Terrace House For Sale Polsham Park, Paignton, TQ3

£310,000- End Terrace

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Last Updated: 29th June 2024

Description

The perfect investment, currently split into 5 FULLY TENANTED one bedroom & studio apartments. The ground floor studio apartment benefits from an enclosed garden. The property is centrally located & is being sold chain free with the bonus of parking to the front.

The property is currently attaining a strong rental return of a fantastic 9.97% based on the current asking price!

The property comprises of:
Ground floor garden flat, featuring a kitchen/diner, living room, shower room and bedroom.

Ground floor studio with living room/bedroom, kitchen and shower room.

Two first floor flats which are made up of a kitchen, living room, bedroom and shower room.

First floor studio room with living room/bedroom, kitchen and shower room.

There are two allocated parking spaces with the property which are on a first come, first served basis between the current tenants. There is communal gas central heating, which is included within the rental payments, the electric is paid via top up smart metres and the water rates are paid directly to the agent.

ALL FLATS ARE COUNCIL TAX BAND: A
ALL FLATS ARE EPC: D

**Please note that this property is in need of internal decoration work**

Paignton is famous for its long, sandy beaches, paddler-friendly waters and a colourful, bustling pier, the town remains a popular, traditional seaside resort. Paignton has origins as a Celtic settlement and was first mentioned in 1086. It grew as a small fishing village and a new harbour was built in 1847.
Agent Details
Fulfords
57 Hyde Road Paignton, Devon, TQ4 5BP
Show Contact Number
01803 640 258

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested