Initial price	£310,000
25/07/24	£300,000
14/08/24	£290,000
Price Change	-6.45%

This investment property is a rare opportunity to own a fully tenanted, five-unit apartment building in the heart of Paignton. The property features a mix of one-bedroom and studio apartments, including a ground-floor studio with an enclosed garden. The units are currently attaining a strong rental return of 9.97% based on the current asking price. The property benefits from communal gas central heating, and each unit has its own electric and water meters. The property is being sold chain-free, and the seller is including two allocated parking spaces. While the property is in need of internal decoration work, it presents a fantastic opportunity for investors to generate a strong income stream. Located in the popular seaside town of Paignton, the property is close to the beach, pier, and town center, making it an attractive investment opportunity for those looking to capitalize on the town's tourist trade.