Overview
Description
Mid-terrace freehold investment property located on New Street, Paignton. The property is comprised of four 1-bedroom flats generating a gross income of £24,300 per annum (when fully let).
The flats have recently been renovated with energy efficiency improvements and are currently awaiting renewed EPC assessments.
We are informed that the EPC’s for all four of the flats are expected to achieve a minimum C rating.
The improvements include air source heat pumps, linked radiators, solar panels, and internal wall insulation on external walls.
Some of the flats have also benefited from recent decoration following completion of these works.
The flats are all separately metered for utilities and each flat is responsible for their own council tax.
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