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Bedrooms: 2
Bathrooms: 1
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Description

Investment Opportunity - A two bedroom first floor flat, conveniently located just a short walk from Paignton town centre - bringing in an annual income of £7,800 - a yield of 6.5%

INVESTORS ONLY - This two bedroom first floor flat is located in a level position close to Paignton town centre which offers a wide and varied range of shopping facilities and amenities, beaches and railway and bus stations.

The property comprises two bedrooms, a good size lounge, modern fitted kitchen with integrated oven and hob, modern bathroom, gas central heating and double glazing. The flat also has the added benefit of allocated parking.

The property is being offered for sale as a going concern with the current tenants in situ and offers an approximate 6.25% yield with an annual income of £7,800.

Accommodation
To the front of the property, there is a double-glazed entrance door leading into

Atrium Style Communal Hallway
Stairs leading to all floors. 

Flat 15
Entrance Hall
Access to loft space, concealed spotlights, intercom entry handset, electric consumer unit, radiator.

Lounge Two double-glazed windows to the rear aspect, radiator, TV point, opening into

Kitchen Fitted with modern wall and floor based units with roll edge worktop surfaces incorporating stainless steel sink unit with mixer tap over, integrated electric oven with 4 ring gas hob and stainless steel splashback and stainless steel canopy hood above. Concealed spotlights, wall mounted boiler supplying central heating and hot water, integrated fridge and freezer, space and plumbing for washing machine.

Bedroom One Double glazed arched sash window to the front aspect, double-glazed window to the side aspect, radiator.

Bedroom Two Double glazed arched sash window to the front aspect, radiator.

Bathroom Fitted with a white 3 piece suite comprising panelled bath with mains shower fitted above, low level W.C., pedestal wash basin with mixer tap, ceiling extractor, concealed spotlight, part tiled walls, radiator.


Outside
To the front of the property, there is allocated parking for one vehicle.

Please note the photos were taken prior to the flat being let. 

General Tenure - Leasehold.  Residue of a 999-year lease started 1/1/2006.  Current service charge: £1,681.99 per annum Managing Agent: Blenheims.  Ground Rent: £100 per annum. 

EPC=D
Council Tax Band=C