Beverley Flats is prominently situated on Dartmouth Road, a main arterial route leading into Paignton town centre. The property is ideally positioned within walking distance of Paignton railway and bus stations, the town centre and Paignton seafront.
The location provides excellent access for both local residents and commuters, making the flats consistently attractive to tenants. With amenities, leisure facilities, and transport links all close at hand, this property represents a secure and reliable residential investment opportunity in a high-demand rental area.
The property comprises a semi-detached, four-storey block arranged as nine self-contained residential flats. The accommodation is a mixture of smart one-bedroom apartments and practical studio units, offering affordable rental accommodation in this well-connected location.
The flats are spread across basement, ground, first and second floors. Each unit has its own electricity meter, with the landlord responsible for water and hot water costs. To the rear is a parking area for four vehicles. The property is fully let to a good tenant profile, with several long-term occupiers, producing a gross annual rental income of £52,560.
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