2 Bedroom Flat for Sale in St. Pauls Road Paignton£145,000
Ideal investment property 2 Bedroom flat - being sold with a tenant in situ. Top floor flat close to the sea front, local shops and transport links
Investment - Ridgewater are pleased to offer this 2 bedroom top floor flat in Preston with level access to local amenities and bus routes. The property is within walking distance of Preston Sands and Hollacombe Beach.
Ideal for either a start up property investor or someone looking to add to their portfolio, this property is being sold with the current tenant in situ, with the current rent at £700 PCM, giving a 5.79% yield.
The accommodation comprises:
Stairs from the ground floor communal entrance leading to:
Hallway - 9'6" x 10'3" (2.91 x 3.14m) - Radiator, store cupboard door leading to:
Lounge - 11'8" x 10'2" (3.56 x 3.11m) - UPVC double glazed window to rear, feature fire place, picture rail, radiator.
Bedroom One - 14'5" x 13'7" (4.41 x 4.15) - UPVC double glazed window to front, radiator, picture rail.
Bedroom Two - 13'5" x 12'10" (4.10 x 3.91m) - UPVC double glazed bay window to front, feature fire place radiator, picture rail.
Kitchen - 7'1" x 9'1" (2.18 x 2.78m) - UPVC double glazed window to rear, built-in oven and hob, plumbing for washing machine, space for fridge/freezer, radiator and gas boiler providing central heating and hot water.
Bathroom - 7'1" x 6'8" (2.17 x 2.04) - UPVC double glazed window with obscured glass to rear, white bath with electric shower over, white sink, storage cupboard.
Separate W.C. - 3'0" x 4'11" (0.93 x 1.50m) - UPVC double glazed window to side. white toilet, radiator.
Council Tax Band B
Tenure Freehold. We understand from the owner the ground floor flat has been sold on a 999 year lease with the remainder of the lease.
Maintenance is split 50/50 on an as and when basis.