£60,000

2 bed flat for sale
Merritt Road, Paignton, Devon TQ3

    • 2 beds

    • 1 bath

    • 1 reception

Auction
Freehold
Added on 23/03/2026

About this property

    Situated on the ground floor and benefiting from its own private outdoor space, this two-bedroom apartment offers a fantastic opportunity for those looking to modernise and add value. Set within easy walking distance of the town centre, the property combines convenience with excellent potential, making it ideal for first-time buyers or buy-to-let investors.

    Starting bid: £60,000
    For sale via modern method of auction iamsold ltd.

    Inside, the layout includes a well-proportioned lounge/dining room, a separate kitchen, and two bedrooms, including a generous second bedroom. The bathroom sits centrally off the hallway, creating a practical flow throughout the home.
    A particular highlight is the private outdoor area - perfect for seating, pot plants, bikes, or creating a small garden retreat.

    The property is offered as freehold, providing a rare level of ownership flexibility not often found with apartments.
    Requiring modernisation throughout, this is a superb blank canvas in a highly convenient location with excellent long-term potential. Early viewing is recommended.

    This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

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    Monthly repayment

    £300 per month

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    More information

    • Tenure

      Freehold

    • Council tax band

      A

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