6 bed block of flats for sale

3 Garfield Road, Paignton TQ4

Description

An excellent investment opportunity to acquire three self-contained residential units on a single freehold title, situated within easy walking distance of Paignton town centre, the seafront, local amenities and transport links.

The property comprises two one-bedroom apartments and a spacious four-bedroom maisonette, currently generating a combined rental income in excess of £3,000 per calendar month, offering an attractive yield for investors.

The front ground floor apartment benefits from a spacious layout including a double bedroom, large living room, fitted kitchen, ensuite wet room and useful storage space, together with a private courtyard area.

The rear ground floor apartment has been modernised throughout and enjoys its own private entrance. The accommodation comprises a living room, double bedroom, fitted kitchen and shower room.

Occupying the upper floors, the four-bedroom maisonette offers generous accommodation arranged over two levels. Recently improved with a modern kitchen and bathroom, the property also benefits from well-proportioned rooms throughout and a private roof terrace.

Opportunities to acquire multi-unit freehold investments in such a convenient central location are rare. The property offers immediate income with potential for future rental growth and is ideally positioned close to Paignton's bustling town centre, seafront and railway station.

Tenure: Freehold