47 Dartmouth Road, Paignton TQ4 Block of apartments for sale

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47 Dartmouth Road, Paignton TQ4 Block of apartments for sale

47 Dartmouth Road, Paignton TQ4
£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

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: The property is a freehold block of 9 self-contained flats, comprising 6 one-bedroom apartments and 3 studios, located on Dartmouth Road in Paignton. The flats are fully let, producing a gross annual rental income of £52,560, and are situated within walking distance of the town centre, railway and bus stations, and seafront. The property is well-maintained, with each flat having its own electricity meter, and the landlord responsible for water and hot water costs. The sale price is £550,000 freehold, with each party to bear their own legal costs. The property is highly sought after by tenants due to its excellent location, making it a secure and reliable residential investment opportunity.