12 bed block of flats for sale

36 & 38 Winner Street, Paignton, Devon TQ3

A large freehold residential investment located on Winner Street, in Paignton's town centre. The property comprises ten self-contained flats, arranged as eight, one-bedrooms and two, two-bedrooms. There is a car park at the rear with parking for five vehicles.

All of the flats are currently let, giving a combined income of £50,336 per annum.

36 Winner Street
Flat 1
Living room/kitchen, bedroom and shower room with W.C.
Tenancy
Currently let at £90 per week.

Flat 2
Living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

Flat 3
First Floor
Living room, kitchen and bathroom with W.C.
Second Floor
Two bedrooms.
Tenancy
Currently let at £150 per week.

Flat 4
Living room/kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

Flat 5
Kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

38 Winner Street
Flat 1
Living room/kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

Flat 2
Living room/kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

Flat 3
Living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £85 per week.

Flat 4
Living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Currently let at £90 per week.

Flat 5
Living room/kitchen, two bedrooms and bathroom with W.C.
Tenancy
Currently let at £103 per week.

Landlord Store Room
Located at the rear of the property.

Commercial Unit 36 Winner Street
The commercial unit has been sold off on a 999-year lease. The leaseholder is responsible for 1/3 contribution towards roof repairs and building insurance for 36 Winner Street.

EPC Ratings for E for all Flats

Council Tax Band A for all Flats

Auctioneer’s Note
At the time of publication the Auctioneers have not inspected all of the flats. Interested applicants should make their own enquiries to verify the information provided.
Residential EPC: E
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to