Summary - 161B FIRST AND SECOND FLOOR MAISONETTE WINNER STREET PAIGNTON TQ3 3BP
3 bed 1 bath Maisonette
Three-bed conversion opportunity with sea glimpses and rental potential.
Grade II listed character maisonette in central old Paignton
A Grade II listed three-bedroom maisonette in the heart of old Paignton, offered at a competitive price for investors or hands-on buyers. The property sits over first and second floors and benefits from period character, three bedrooms with sea glimpses and a lounge with a multi-fuel stove. Its town-centre location places shops, cafes, the seafront and public transport within easy walking distance.
The building requires some attention: electric storage heating, assumed uninsulated granite walls, and an EPC D indicate energy improvements are likely. Listed status will restrict alterations and may complicate modernisation or conversion plans. The property is leasehold and set in an area with very high crime rates and significant local deprivation, which will influence tenant demand and rental values.
For an investor this maisonette offers upside through sympathetic renovation, energy upgrades and careful management; central position and potential for short-term holiday or longer-term lets are advantages. Costs and permissions associated with listed status, heating replacement and wall insulation should be factored into any offer. Council tax costs are very low, and broadband and mobile connectivity are strong, supporting rental appeal despite wider area challenges.
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