Beechdown Court, Totnes Road, Paignton, TQ4 7PP
Savills plcSavills Auctions is a premier UK property auction house offering residential, commercial, and investment opportunities. With a strong reputation, expert guidance, and regular auctions, they provide a fast and efficient way to buy and sell property.
Read more Read moreA substantial development arranged as 22 self-contained studio flats across two detached buildings. The development benefits from a large car park and additional underground storage and communal washing machines. The site is considered to have potential for future development subject to requisite consents. Investment let at £129,540 per annum (13.57 % gross yield at guide price - 21 of 22 units let). The vacant unit is currently advertised to let at £500 per calendar month. Total potential rent when let of £135,540. The EPCs for the individual units range between a grading of C and E.
