This attractive freehold property is a converted former town hall, now comprising nine self-contained flats, generating a total annual income of £76,440. Situated on Totnes Road, it's within walking distance to Paignton town center, shops, Victoria Park, the bus station, and mainline railway station, making it a highly convenient location for tenants. The property features six two-bedroom apartments and three studio apartments, each with independent utilities and gas-fired combi boiler heating, providing a straightforward and easily managed long-term investment. The property is held freehold, with two units held on long 125-year leases, and all flats have an EPC rating of C, except for one which is rated B.