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Block of apartments for sale
Paignton
£550,000
Paignton
£550,000
Our Summary
- With amenities, leisure facilities, and transport links all close at hand, this property represents a secure and reliable residential investment opportunity in a high-demand rental area
Description
Beverley Flats is a freehold block of nine self-contained flats located on Dartmouth Road in Paignton, a main arterial route leading into the town centre. The property is within walking distance of the railway and bus stations, town centre, and seafront, making it an attractive investment opportunity due to its excellent access for both local residents and commuters. The flats, comprising six one-bedroom apartments and three studios, are arranged over four floors and are fully let to a good tenant profile, producing a gross annual rental income of £52,560. The property offers a secure and reliable residential investment opportunity in a high-demand rental area, with amenities, leisure facilities, and transport links all close at hand.