Popular area of Paignton
Located in the extremely popular area of Heritage Park in Paignton, this 2 Bedroom property purpose built leasehold property is situated on Trelissick Road. Currently marketed by Bradleys Estate Agents for a price of £124,950. Interesting the price has been reduced recently allowing the savvy investor to use this as a bargaining factor.
The property benefits from a Juliet balcony, uPVC Double Glazing and Gas Central Heating throughout a master bedroom with en suite and a secure entry phone system. In my experience properties in this area will not stay on the rental market for long and recently the ones i have marketed have been let within 24hrs, with the landlord having a list of applicants they can choose from.
Another plus point for this property there is no chain! In terms of rental value a investor could expect to achieve a rent in the region of £625 per month giving a great rental yield of 6%
In terms of location, price and potential this property would be good investment for a buy to let landlord looking at increasing their portfolio.
If you are looking to purchase an investment property and would like a second opinion then please feel free to give me a ring on 07983 814656 or drop me an email email@example.com