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
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
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