Priory Towers is a distinctive seafront property located on the Esplanade in Paignton, offering stunning views from the majority of its apartments. Positioned at the corner of Esplanade Road and Beach Road, the property benefits from a large car park to the front, providing ample parking for residents and visitors. Its prime frontline position is complemented by its proximity to the town centre, which is a short level walk away, offering easy access to a variety of amenities, as well as to the beautiful Paignton beach, harbour, and Esplanade leisure facilities. The building, which has been under the same ownership for nearly four decades, is an original Paignton seafront period property that was originally built as a private dwelling. It was later converted into a hotel and has been refurbished to create 10 flats, with 8 of these currently let to private tenants, generating a total annual rental income of £63,840. The manager's flat, which is sold with vacant possession, has the potential to be converted back into a studio flat, subject to planning permission. The property is being sold freehold, with each flat having its own Band A Council Tax assessment, ensuring tenants are responsible for their own tax payments. The flats are supplied with utilities via a single landlord's supply, with submeters in each unit, allowing tenants to have the convenience of one bill while the landlord retains control over the overall supply. The property's legal costs are to be borne by each party involved in the transaction, and viewings are strictly by appointment with the sole agents, Bettesworths. The suggested rental for the manager's flat is £810 per month, and if the store (Flat 8) is converted back to a flat, it could potentially generate an additional £585 per month, bringing the total potential rental income to £80,580 per annum. The EPC ratings for the flats range from C to E, with the majority having an 'E' rating. This property presents an excellent opportunity for an investor looking to acquire a seafront development with a strong rental income and potential for further growth.