This seaside apartment could be yours for less than the price of a 99

This property is in the heart of the English Riviera and is being auctioned by a Newport property business with a guide price of just £1 - less than the price of a seaside 99 ice cream.

(Image: Paul Fosh Auctions) Aptly named Sea Breeze, in Paignton, Devon, the two-bedroom apartment is a short walk from the town’s famous sea front.

Sean Roper, of Paul Fosh Auctions, which is selling the property, said: "This really is an opportunity not to be missed.

"If you’re in the market for a seaside bolt hole or holiday let in one of England’s red hot holiday spots then this chic apartment could well fit the bill.

“Sea Breeze, on Hyde Road, Paignton, is a ground floor apartment complete with open plan kitchen and living area with two bedrooms and bathroom.

(Image: Paul Fosh Auctions) “And if the beach is just a bit too sandy or it’s too hot then there is a restful rear garden in which to recline and soak up the summer sunshine in peaceful Paignton.”

Sean said: “The property has been recently refurbished and is at final stages of second fix. The kitchen is already supplied and in the property. It requires skimming and painting before being ready to enjoy or let out or sell on the open market.

(Image: Paul Fosh Auctions) “This a great opportunity for an investor which won’t break the bank in terms of expenditure to complete the refurbishment of the apartment.

 “As serviced accommodation or as a holiday let, a well-furnished to a high standard apartment the Paignton property could well generate a rent of around £35,000 per annum on a short stay basis.

“If a long term let is considered with the property refurbished to a similar high standard it is going to command a monthly rental in the region of £900- £1,000 p.m."

Sea Breeze, along with some 80 other lots, is being offered for sale online at Paul Fosh Auctions which starts from 12 noon on Tuesday, July 29 and ends from 5pm on Thursday July 31