**Key Features:**
- Large freehold investment comprising 5 commercial units and 1 residential flat.
- Current rental income of £38,000 p.a., with potential for £46,400 p.a. when fully let.
- Development opportunity to convert commercial units into residential (subject to planning).
- Grade II listed Georgian property with historical charm.
- Located in a high-traffic area on Totnes Road near the vibrant Winner Street.
- Currently divided into shops, offices, and a 2-bedroom flat with a private courtyard.
This unique mixed-use property presents an exceptional investment opportunity in the bustling town of Paignton. Boasting a combination of commercial units and a residential flat, this freehold asset generates a strong rental income stream with significant untapped potential. The commercial section is strategically situated on a prominent corner, benefiting from high visibility and foot traffic. The residential 2-bedroom flat, with its own private access and charming garden, serves as an attractive living space that adds value to the investment.
While the property’s Grade II listing may present some challenges for extensive renovations, it also offers character and potential development opportunities—ideal for investors looking to capitalize on future residential conversions. With surrounding amenities that include schools, grocery stores, and local eateries, this property is not only a lucrative investment but also a convenient living space, perfect for families or first-time buyers. Don't miss out on the chance to own a piece of Paignton's vibrant community with promising returns.
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