Terraced house for sale

New Street, Paignton, TQ3

£215,000

Property Description

Full description

An interesting opportunity being a Period Investment Property comprising 5 Letting Units and most conveniently located for all amenities.

Just a short level walk from the Town Centre, Palace Avenue, Bus/Railway Stations and all other facilities, this property is ideal for investment purposes. 

Arranged as 2 x 1 Bedroomed Flats and 3 Studios, all let on Assured Shorthold Tenancies and generating an income of £20,280 per annum, it is operated under an HMO license. 

ACCOMMODATION

(With approximate measurements) 

GROUND FLOOR:- 

FLAT (1) Studio with bay window and Kitchen Area.  Use of Shower Room/WC and Separate WC on First Floor.  Let at £65 per week. 

FLAT (2) with Lounge, Kitchen having access to rear garden, Bedroom, Shower Room and Separate WC.  Let at £90 per week. 

FIRST FLOOR:- 

FLAT (3) Studio with Lounge/Kitchen and Separate Bedroom.  Use of Shower Room/WC and Separate WC.  Let at £65 per week. 

FLAT (4) Studio with two windows and Kitchenette.  Use of Shower Room/WC and Separate WC. 

SHOWER ROOM with WC and basin. 

SEPARATE WC with basin. 

SECOND FLOOR:- 

FLAT (5) with Lounge, Bedroom, Kitchen and Bathroom/WC.  Let at £95 per week. 

OUTSIDE  

Courtyard with Shed. 

DETACHED GARAGE at the rear.  Currently let at £10 per week. 

HMO LICENSE - 5 years from 12 December 2016. 

TOTAL INCOME - £20,280 per annum 

Council Tax Band B 

VIEWING Strictly by appointment through the Agents 

PRICE FREEHOLD £215,000

NOTES:  (1) The gas, electrical, safety and security appliances, along with fixtures, fittings and services in this property have not been checked.  (2)  The tenure of the property is based on information supplied by the seller and the title documents have not been inspected by the agents.  (3) Intending purchasers are recommended to take appropriate independent professional advice before committing themselves to the purchase of this or any other property.


Listing History

Added on Rightmove:
03 August 2018

Nearest stations

  • Paignton (0.2 mi)
  • Torquay (2.2 mi)
  • Torre (2.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Reads Davies, Paignton

27 Hyde Road, Paignton, TQ4 5BP

01803 367056 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Paignton (0.2 mi)
  • Torquay (2.2 mi)
  • Torre (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Reads Davies, Paignton

27 Hyde Road, Paignton, TQ4 5BP

01803 367056 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 30705. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reads Davies, Paignton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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