Sea Breeze, 45b Hyde Road, Paignton, Devon, TQ4 5BP

ONLINE AUCTION from 29th JULY-31st JULY 2025 Sea Breeze apartment in the quaint town of Paignton and a stones throw away from the sea front. We have to offer a ground floor two bedroom apartment with a garden in a delightful area of Paignton. Open Plan kitchen/Living area with bedroom one and bedroom two along with a bathroom. There is a rear garden to enjoy the sunny summers in Paignton. The property has been refurbished of late and is at final stages of second fix. The kitchen is already supplied and in the property and requires skimming and painting before being ready to let out or sell on the open market. A great opportunity for an investor that won’t need to spend much to finish off the apartment. Investment opportunity: Serviced Accommodation / Holiday Let - A well furnished high standard apartment in Paignton is going to generate a rent of around £35,000 per annum on a short stay basis. Long Term Let - A high standard apartment in Paignton is going to command a rent of £900- £1,000pcm on a long term rental basis . Accommodation First Floor: Open plan Kitchen / Living area, Beds 1&2 and Bathroom Outside: Rear garden Tenancies To be sold with vacant possession. INVESTORS : If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email [email protected] for invaluable advice. Tenure Advised Leasehold - to be verified by solicitor. 999 year lease with £1 ground rent and sold with share of freehold. Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.