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01803 525100

Preston Down, Paignton, Paignton
£365,000, 5 bedrooms, for sale

Key features

  • Income of £25,800pa
  • x2 1 bedroom
  • x3 studio flats
  • Investment property
  • Energy Rating : D
  • Yeild of 7%
  • Double Glazing
  • Garden
  • Gas Central Heating

Property Description

Are you looking for a great investment of 5 flats? Then view this 3x studio flats and 2x 1 bedroom flats in this block. This property is generating a yearly income of £25,800 with an excellent yield of 6.8%. CALL 01803 313577

"INVESTMENT" 5 FLATS. Ridgewater are selling this very desirable investment property in popular area of Preston, Paignton with 5 flats in the same block. Close to shops and bus routes. The Property consists of; 3x Studio flats and 2x 1 bedroom flats. Generating a yearly income of £25,800 with an excellent yield of 6.8%. Each flat has separate gas and electric supplies and each tenant pays there own Council Tax . Water bills are covered by the Landlord.

Flat 1: - Studio - First Floor. Close to shops and bus routes.
* Modern Decor throughout*
* Open plan Living room/Kitchen*
* Shower Room*
* Double Glazing*
* Gas Central Heating*
* £400PM*

Flat 2: - Studio - Ground Floor. Close to shops and bus routes.
* Open Plan Living area*.
* Moderate Kitchen with cooker*
* Shower Room*
* Double Glazing*
* Gas Central Heating*
* £400PM*

Flat 3: - Studio - First Floor. Close to shops and bus routes.
* Open plan Living area*
* Modern Kitchen with cooker*
* Shower Room*
* Double Glazing*
* Gas Central Heating*
* £400PM*

Flat 4: - 1 Bedroom - Top Floor. Close to shops and bus routes.
* Open plan Living/Kitchen*
* Modern Decor throughout*
* En-suite shower room*
* Double Glazing*
* Gas Central Heating*
* £475PM*

Flat 5: - 1 Bedroom - Rear of Property. Close to shops and bus routes.
* Open plan living area*
* Modern decor throughout*
* Shower*
*Double Glazing*
*Gas Central heating*
*Garden*
*£475PM*

"Fantastic customer service. We have recently rented a property through Ridgewater Lettings the whole process went through very smoothly and quickly due to the staff being very efficient. Thank you for all your help we are really happy in our home"
Laura C.