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15 Brent Road, Paignton TQ3 Block of apartments for sale
Paignton
£425,000
Paignton
£425,000
Our Summary
- Investment Opportunity - Residential Block of Flats with Additional Garages
- Investment Opportunity – Residential Block of Flats with Additional Garages
- Purpose-Built Residential Investment Opportunity of Four Flats & Garages
- Purpose-Built Residential Investment Opportunity of Four Flats & Garages
Description
Brent Court is a residential investment property located in Paignton, South Devon, comprising four self-contained flats and a block of four garages. The flats, built in 1998, have a gross internal area of approximately 36m² and are let to over 55s only, resulting in a quiet, stable, and low-maintenance investment. Three of the flats are currently tenanted, with long-term tenants of at least seven years, while one garage is let to a tenant and three are empty and ready to let. The property benefits from a gated entrance, cul-de-sac location, and onsite parking for at least two cars, giving it a private and exclusive feel. With a rental income of £36,000 per annum when fully let, Brent Court presents an attractive investment opportunity for those looking for a stable and lucrative rental property in a popular seaside town.