24 Marldon Road, Paignton, Devon 2 bed terraced house for sale

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24 Marldon Road, Paignton, Devon 2 bed terraced house for sale

24 Marldon Road, Paignton, Devon
£110,000

Our Summary

  • The property would benefit from a programme of modernisation

Description

This two-bedroom mid-terraced home on Marldon Road, Torbay, is a superb investment opportunity that is currently tenanted and generating a yield of 9.7% at the guide price. The property features a spacious lounge, dining space, and kitchen on the ground floor, with two double bedrooms and a bathroom suite on the first floor. The exterior has gardens to the front and rear, and although it would benefit from modernization, it presents a great chance to add value. The current tenant is paying £895 per calendar month, making it an attractive option for investors. The property is located close to Paignton town center and beach, and is easily accessible on foot. With a guide price and a long-term tenant in place, this is an opportunity that shouldn't be missed.