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4 bedroom block of apartments for sale
38 Church Street, Paignton, Devon, TQ3 3AH
£210,000
38 Church Street, Paignton, Devon, TQ3 3AH
£210,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 18th September 2025 Planning granted by Torbay council on 09/05/2024 reference no
- P/2024/0168 for conversion of shop/restaurant to dwelling
- vacant Potential rental value £28,272 per annum Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
This property, located in the heart of Paignton, is a unique opportunity for investors and developers. Planning permission has been granted to convert the existing shop/restaurant into a dwelling, and the property is currently let to three tenants, generating a potential rental income of £28,272 per annum. The property comprises a 2-bedroom cottage, a 1-bedroom flat with an outside terrace, and a 2-bedroom flat, as well as a vacant shop unit. The freehold property offers a range of potential uses, from residential conversion to commercial redevelopment, and is being sold at auction with a guide price.