The Carrington
A Prime English Riviera Investment Opportunity
* Images purely for illustrative purposes and may not be the actual apartment for sale.
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Prices From £65,000
Projected 13% Yields
Aparthotel Development
Investment Highlights:
Prices from £65,000
Cash purchase, No Stamp Duty payable
13%+ NET yields achievable
999-year Lease & Share of Freehold
Zero Ground Rent
100-yards from the seafront
Located within a £300M regeneration zone
Fully refurbished with modern interiors
Only 10 units available
Prices From: £65,000
About The Carrington
Introducing The Carrington, a prime investment opportunity in one of Paignton’s most desirable locations. This established Guest House is being transformed into a luxury aparthotel, perfectly situated between the seafront and town centre, giving guests effortless access to everything the English Riviera has to offer. Ideal for both holiday and corporate lets, The Carrington offers investors the chance to benefit from high-yield, short-term rental income in a location set for long-term growth.
Developer & Management:
Developer: Westfield Project 11 Limited, part of the Fortuna Terra Group, known for award-winning residential and regeneration projects
Management Company: Guestz – over 15 years of experience in holiday and short-term let management
Payment Plan:
£3,000 reservation deposit
75% (minus deposit) due on legal exchange and completion
25% due after refurbishment completion
Why Paignton?
Paignton’s regeneration project has a total investment potential of around £300 million, including:
Government-funded high street and economic growth schemes
Council-backed development funding
Private-sector development opportunities
This creates a prime environment for short-term rental growth and long-term capital appreciation.
Enquire About This Investment
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