Affordable town-centre one-bed with renovation upside and no chain.
No onward chain — vacant possession available
Central Paignton location; shops and train station within walking distance
Approx 485 sq ft; one bedroom, one bathroom, lounge and kitchen
Leasehold with c.104 years remaining; additional leasehold fees possible
Electric storage heating; parts of property single glazed, likely higher running costs
Victorian building with uninsulated stone walls; scope for insulated improvements
Area has very high crime and is very deprived; affects rental and resale demand
Requires cosmetic modernisation — kitchen dated, general maintenance needed
A one-bedroom first-floor flat in the heart of Paignton town, offered with no onward chain and immediate vacant possession. The apartment occupies about 485 sq ft within a Victorian mid-terrace building and presents clear rental and resale potential thanks to its central location, short distance to shops, transport and local amenities.
The accommodation is straightforward: a larger lounge to the front, a compact kitchen to the rear, one small bedroom with a sash window and a bathroom with an electric shower over the bath. The property is heated by electric storage heaters and benefits from double glazing in parts, but some windows in the kitchen appear single glazed and the building’s stone walls are likely uninsulated — further improvement work could reduce running costs and improve comfort.
This is a practical opportunity for an investor or buyer seeking an affordable town-centre flat. The long lease (about 104 years remaining) and very low council tax are positives for running costs. However, the area records very high crime and is classified as very deprived locally, which will affect rental demand and resale values; buyers should factor in that premium tenants may be harder to secure.
The flat will suit someone prepared to carry out cosmetic updating and minor modernisation — particularly to the kitchen and some windows — to maximise income or living comfort. Viewings are recommended to assess scope and budget for improvements, and leasehold pack or additional fees may apply.
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