Summary - MERRITT FLATS 74 TOTNES ROAD PAIGNTON TQ3 3RP
2 bed 1 bath Flat
Affordable freehold two-bedroom flat with refurbishment potential and low running costs.
Freehold tenure — no ground rent or service charges
This compact two-bedroom flat offers an affordable route onto the property ladder in central Paignton. Set within a Victorian red-brick mid-terrace, the accommodation includes two double bedrooms, a bright reception room with large windows and a single fitted kitchen. The freehold tenure and very low council tax band keep running costs down.
The flat is practical rather than polished: the kitchen is mid-century and would benefit from modernization, and external communal areas and the building façade show signs of repair. Internal space is modest at around 506 sq ft, so this will suit a first-time buyer, couple or investor looking for a manageable, lower-cost property with straightforward refurbishment potential.
Location is a clear plus — easy access to local shops, bus routes, schools (several rated Good locally), fast broadband and excellent mobile signal. There is no flood risk. Be aware the wider area scores as deprived/hampered aspiration, which may affect long-term resale values but supports strong rental demand and entry-price purchases.
For buyers seeking to add value, modest renovation of the kitchen and some cosmetic work could substantially improve comfort and rental or resale prospects. The freehold status means no ground rent or service charges, simplifying ownership and cost forecasts.
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