5 bedroom detached house for sale

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5 bedroom detached house for sale

Polsham Park, Paignton TQ3
£590,000

Price History

Initial price £625,000
13/09/24 £590,000
Price Change -5.60%

Description

This substantial detached house is arranged as five self-contained apartments, currently let on assured shorthold tenancies, with the ground floor flat featuring an attractive garden currently used by the owner. The property offers parking for all apartments and a sought-after central location, making it an ideal home and income or investment purchase with potential to increase the yield. Each apartment has a 999-year lease, separate meters for electricity and water, and individual council tax accounts. The property is conveniently located near Victoria Park and the town centre, with the sea front at a similar distance. The rental income, including the owner's flat, is £3,240 per month, or £38,880 per annum.