Summary - 61-63 Torquay Rd,Paignton,TQ3 3DT TQ3 3DT
1 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use freehold investment with two commercial units and two self-contained flats.
- Prime roadside corner position on Torquay Road, ensuring high visibility and foot traffic.
- Current rental income of £32,640 per annum when fully let, offering strong investment potential.
- Rear yard includes parking for two cars and additional storage, ideal for tenants or future enhancements.
- Close proximity to Paignton's seafront, town centre, and public transport.
**Potential Concerns:**
- Some commercial units may require renovations or upgrades.
- High crime rate in the area might deter some tenants or buyers.
This strategically located mixed-use freehold property presents an excellent opportunity for both savvy investors and owner-occupiers. Positioned prominently on Torquay Road, this building features two ground floor commercial units—a restaurant and an office—and two self-contained flats above, perfect for rental income. Enjoy easy access to local amenities and excellent transport links, enhancing both residential and commercial appeal. With the potential to fully let for an annual income of £32,640, this property assures reliable revenues and room for value growth through re-letting or minor upgrades. The existing rear yard offers parking and additional storage, making it a versatile asset for living or business. Don't miss your chance to capitalize on this unique investment opportunity in a bustling area with high visibility – it won’t last long!
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