Go back

Preston Down Road, Paignton, TQ3

£365,000- Semi-Detached

Yield: 4.19%
Image for Preston Down Road, Paignton, TQ3
  • Thumbnail 1
  • Thumbnail 2
  • Thumbnail 3
  • Thumbnail 4
  • Thumbnail 5
  • Thumbnail 6
  • Thumbnail 7
  • Thumbnail 8
  • Thumbnail 9
  • Thumbnail 10
  • Thumbnail 11
  • Thumbnail 12
  • Thumbnail 13
  • Thumbnail 14
  • Thumbnail 15
Yield: 4.19%
Save
  • Rental Guide: £1,015 - £1,275
  • 5 Bedroom(s)
  • Description
  • Street View
  • Maps

Description

"INVESTMENT" 5 FLATS. Ridgewater are selling this very desirable investment property in popular area of Preston, Paignton with 5 flats in the same block. Close to shops and bus routes. The Property consists of; 3x Studio flats and 2x 1 bedroom flats. Generating a yearly income of £25,800 with an excellent yield of 6.8%. Each flat has separate gas and electric supplies and each tenant pays there own Council Tax . Water bills are covered by the Landlord. Flat 1: - Studio - First Floor. Close to shops and bus routes. * Modern Decor throughout* * Open plan Living room/Kitchen* * Shower Room* * Double Glazing* * Gas Central Heating* * £400PM* Flat 2: - Studio - Ground Floor. Close to shops and bus routes. * Open Plan Living area*. * Moderate Kitchen with cooker* * Shower Room* * Double Glazing* * Gas Central Heating* * £400PM* Flat 3: - Studio - First Floor. Close to shops and bus routes. * Open plan Living area* * Modern Kitchen with cooker* * Shower Room* * Double Glazing* * Gas Central Heating* * £400PM* Flat 4: - 1 Bedroom - Top Floor. Close to shops and bus routes. * Open plan Living/Kitchen* * Modern Decor throughout* * En-suite shower room* * Double Glazing* * Gas Central Heating* * £475PM* Flat 5: - 1 Bedroom - Rear of Property. Close to shops and bus routes. * Open plan living area* * Modern decor throughout* * Shower* *Double Glazing* *Gas Central heating* *Garden* *£475PM*
Agent Details
Ridgewater Sales & Lettings

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested