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.
What our customers say about us
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Meet the team