Chain-free freehold top-floor flat, easy purchase or let
Two small bedrooms; compact reception and separate shower room
Modern-fitted kitchen; double glazing fitted (installation date unknown)
Approx. 420 sq ft — overall property is small, modest room sizes
No private garden; on-street parking only, urban street-front setting
Sandstone/limestone walls likely without insulation; heating costs may rise
Council Tax Band A — very low running council tax costs
Area classed as deprived; local rental demand but lower capital growth potential
This top-floor two-bedroom flat in Merritt Flats is a compact, chain-free freehold suited to first-time buyers or investors seeking a low-entry purchase in central Paignton. The building is a Victorian red-brick block with double glazing and a modern-fit kitchen — functional and tidy throughout, requiring only minor cosmetic updates in most rooms.
The accommodation is small but efficient: reception room, two modest bedrooms, a separate shower room and a compact kitchen. Its size and single-level layout make it straightforward to manage and let; nearby amenities, bus routes and good mobile and broadband coverage support rental demand and everyday convenience.
Buyers should note the property’s limitations: overall footprint is small (approx. 420 sq ft) and internal room sizes are modest. The external walls are traditional sandstone/limestone and are assumed to lack cavity insulation, which may affect long-term heating costs and future upgrade work. There is no private outdoor space and parking appears to be on-street only.
For investors, the flat’s freehold, chain-free status and central location create a clear lettings proposition with minimal immediate work required. First-time buyers will appreciate the low council tax band and straightforward layout, but should factor in potential costs to improve insulation and consider space constraints for longer-term family use.
