15 bedroom flat for sale

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15 bedroom flat for sale

Palace Avenue, Paignton
£500,000

Price History

Initial price £550,000
23/10/24 £500,000
Price Change -9.09%

Description

This is a rare investment opportunity to acquire a portfolio of seven fully renovated flats, all currently rented out and generating a healthy yield of 9.64%. The portfolio includes a mix of two-bedroom, studio, and one-bedroom flats, each meticulously refurbished to a high standard, ensuring minimal maintenance and maximum tenant satisfaction. The properties are already tenanted, providing an immediate and consistent income stream, and the 9.64% yield makes it an attractive choice for seasoned investors or newcomers seeking a secure and high-performing asset. With all renovations completed, the properties require minimal upkeep, allowing investors to focus on maximizing their return.