Paignton, Devon

16 New Road is a freehold investment opportunity which comes to the market for the first time in 42 years and is located in the heart of Paignton Town Centre. Briefly, the property comprises 3 bedsit units and 2 one bedroom self contained flats.

All flats are let to well established tenants and are producing an income of £21,000 per annum (approx. £1750 pcm).

To the rear of the property is a large parking area for many vehicles plus a detached garage with metal up and over door with power.