Summary - 296c Torquay Road,PAIGNTON,TQ3 2ER TQ3 2ER
1 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use investment with two commercial units and two residential flats (1-bedroom and 3-bedroom)
- Potential annual rental income of £29,200 when fully let
- Prime location on Torquay Road, a bustling retail and residential area
- Freehold tenure, offering flexibility to split titles for individual sales
- Two commercial units currently leased with strong demand among local retailers
- Ground-floor flat with a private patio and first-floor flat with spacious living
**Concerns and Considerations:**
- Property requires renovation to maximize potential
- Current residential units are both sold with vacant possession
Discover this exceptional mixed-use investment property on the highly sought-after Torquay Road, Paignton, boasting a strategic location in a bustling community with strong commercial prospects. Perfect for investors, this freehold building features two well-positioned commercial units, alongside a ground-floor 1-bedroom flat with a delightful private courtyard and a spacious 3-bedroom flat above, both ready for renovation.
With a potential rental income of £29,200 per annum when fully let, this property offers remarkable investment potential. The area's vibrant retail scene and easy accessibility to local amenities—including schools and sandy beaches—enhance the desirability for both residential and commercial tenants. This is an invite to investors looking for growth opportunities; don’t miss the chance to capitalize on this promising asset where you can add value and tailor spaces to your vision!
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