Investment Properties for sale in Torquay

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Freehold Investment Opportunity

Torquay, Devon, England

  • Freehold Price: £495,000
Seller Reference: 11319
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Business Description
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Seller Reference: 11319
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Business Description
Freehold Investment Opportunity: 6 self contained flats within Grade II listed terraced building in desirable Wellswood location. Annual income circa £37,600

Ground Floor

Flat 1 £560pcm Council Tax A Lounge, bedroom, kitchen, shower room access to shared courtyard with Flat 2 EPC – E

Flat 2 £125pw Council Tax A Kitchen, shower room, lounge, 2 bedrooms, access to shared courtyard with flat 1 EPC – C

½ Landing

Flat 3 £120pw Council Tax B Bathroom, lounge/diner, kitchen, bedroom. EPC - E

First floor

Flat 4 £560pcm Council Tax B Kitchen, lounge, bedroom, shower room, sea views. EPC – C

Second floor

Flat 5 £560pcm Council Tax B Cloakroom, kitchen, lounge, bedroom, shower room, sea views. EPC – C

Top floor

Flat 6 £115pw Council Tax B Shower room WC, kitchen, lounge, bedroom, sea views. EPC – E

EPC Exempt as Grade II; however, EPC’s are available as above. Entry phone system. Gas central heating in all save for flat 6 which is electric. Tenants responsible for council tax, coin metered electric and gas usage (flat 4 has own gas meter). Landlord pays water and buildings insurance. The lawned area to the front of the property forms part of the title.
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