Marine Drive, Paignton

Prime investment near Paignton seafront: 6 fully tenanted flats yield a healthy 8.66%. With stable rental income and seaside allure, this opportunity promises solid returns and long-term growth potential. Don't miss out on this lucrative investment opportunity!

This investment opportunity presents a prime location just a stone's throw away from the picturesque Paignton seafront. The property boasts six flats, all currently occupied by tenants, ensuring immediate cash flow. With a healthy gross yield of 8.66%, this investment promises attractive returns. Paignton's desirable seaside location adds to the property's appeal, offering tenants a desirable lifestyle and potential for consistent rental demand.Moreover, the stability provided by having all units occupied by tenants minimizes vacancy risks, providing a steady income stream for investors. The strong yield indicates the property's potential to generate significant profits over time, making it an enticing option for those seeking to expand their investment portfolio or enter the real estate market.With its proximity to the seafront and a solid rental history, this investment opportunity offers both financial security and the potential for long-term growth. Don't miss out on this lucrative chance to secure a valuable asset in a sought-after location.

Accommodation


Flat One


Lounge
11' 1" max x 9' 2" max ( 3.38m max x 2.79m max )


Kitchen
8' 3" max x 9' 1" max ( 2.51m max x 2.77m max )


Bedroom
9' 1" max x 11' 6" max ( 2.77m max x 3.51m max )


Shower Room


Flat Two


Lounge
14' 6" max x 9' 1" max ( 4.42m max x 2.77m max )


Kitchen
10' 9" max x 8' 3" max ( 3.28m max x 2.51m max )


Bedroom
10' 5" max x 10' 4" max ( 3.17m max x 3.15m max )


Shower Room


Flat Three


Lounge
14' 8" max x 11' 5" max ( 4.47m max x 3.48m max )


Kitchen
15' 6" max x 7' 7" max ( 4.72m max x 2.31m max )


Bedroom
10' 8" max x 6' 9" max ( 3.25m max x 2.06m max )


Shower Room


Flat Four


Lounge
11' max x 10' 8" max ( 3.35m max x 3.25m max )


Kitchen
9' 5" max x 8' max ( 2.87m max x 2.44m max )


Bedroom
9' 3" max x 7' 9" max ( 2.82m max x 2.36m max )


Shower Room


Flat Five


Lounge
24' 6" max x 13' 4" max ( 7.47m max x 4.06m max )


Kitchen
14' 4" max x 11' max ( 4.37m max x 3.35m max )


Bedroom One
13' 3" max x 11' 5" max ( 4.04m max x 3.48m max )


Bedroom Two
13' 9" max x 10' 7" max ( 4.19m max x 3.23m max )


Bedroom Three
9' 8" max x 8' 7" max ( 2.95m max x 2.62m max )


Workshop
9' 1" max x 8' 9" max ( 2.77m max x 2.67m max )


Studio Flat 6


Lounge/Bedroom
15' 8" max x 12' 4" max ( 4.78m max x 3.76m max )


Kitchen
13' 7" max x 7' 7" max ( 4.14m max x 2.31m max )


Shower Room