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.

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