Denby House Belle Vue Road, Paignton, TQ4 6ES
£100,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
420 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
1 years
Ground rent
£1
Service charge
£1.00 per year
Overview
Lease information TBC. This one-bedroom apartment at Denby House, Belle Vue Road, Paignton, presents a fantastic buy-to-let opportunity with an asking price of £100,000. Currently tenanted, the property generates £500 per month in rent, yielding a solid 5.6%. The property is leasehold with a 64-year lease and is located just 0.28 miles from Paignton station, offering easy access to transport links. With low maintenance costs and a compact design, the flat is an excellent investment for both seasoned and new investors. The market rent is £600 per month, providing a net cash flow of £287 per month, or £3,444 annually. This property benefits from Devon’s strong capital growth forecast, adding potential for long-term value.
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