Go back

House For Sale Hayes Road, Paignton, TQ4

£10,000

1 of 5
  • Description
  • Street View
  • Maps

Key Features

  • Land
Last Updated: 10th January 2020

Description

Ridgewater are pleased to present this triangle parcel of land located on Hayes road in Paignton.

The land could be used for many different uses and the current vendor has been using the apples on the apple tree for baked goods.

The land would make a great vegtable plot/allotment and is located close to Paignton town centre.

Nearby Stations

  • Paignton Rail Station (0.6 miles away)
  • Paignton (Paignton and Dartmouth Railway) (0.6 miles away)
  • Goodrington (Paignton and Dartmouth Railway) (0.7 miles away)
  • Churston (Paignton and Dartmouth Railway) (2.5 miles away)
  • Torquay Rail Station (2.6 miles away)

Nearby Schools

  • Hayes School (0.1 miles away)
  • Curledge Street Academy (0.3 miles away)
  • Curledge Street Children's Centre (0.4 miles away)
  • Paignton Academy (0.5 miles away)
  • Sacred Heart Catholic School (0.7 miles away)
Agent Details
Ridgewater Sales & Lettings
38a, Fore Street, Torquay, TQ1 4LX
Show Contact Number
01803 313 577
Bank of England Base Rate:
0.1%

Property Score

Based on our analysis this property has been scored as:
10

Investment Analysis Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

Property Market Comparative

This property has been identified as being below market value or identified to rise in value in the near future as it has a lower price than nearby comparables.

Rental Analysis

Rental Guide:
£0 - £0
These figures should only be used as a guide, always get a rental assessment from a professional.
Yield:
0%
This is the potential achievable yield.
This property has been identified to rise in price as it is an area of strong rental demand.

Return-on-Cash Invested

This projection is calculated with a 25% deposit amount of £2,500
Financial Forecast
Annual Rent:
£0
Annual Mortgage Interest:
£150
Annual Costs:
£200

ROCI:
-
Potential Return-on-Cash Invested.
This property has been identified to return great year-on-year net profit in the near future, as there is a strong rental demand in this area combined with currant macro events such as interest rates and mortgage availability.

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

Similar Properties

A few properties that are similar to this property. See more properties like this.

Property Image
8.7
£110,000
Apartment
Yield: 9.14%
ROCI: 26%
Property Image
8.4
£115,000
Apartment
Yield: 9.13%
ROCI: 26%
Property Image
6.6
£180,000
Terraced
Yield: 7.75%
ROCI: 25%
See More Properties
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