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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*

"p=. I couldn't praise Ridgewater enough. They have been extremely professional since I moved in to the property, and they seem to really care about their tenants. "
Alison L - Paignton