Investment Properties for sale in Torquay

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Adam Warren (Jan 2017)
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Freehold Price: £495,000 Sale Agreed
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Business Description
Grade II listed property arranged as 6 self contained apartments, located between the Harbourside and Wellswood. All fully let on AST's producing an annual income of approximately £37,600 per annum.

The property is in a row of 9 four storey Grade II listed terraced houses in a convenient location between the harbourside area of Torquay and village shops and cafe scene at Wellswood, with other local shops at the foot of the hill.

2 Lisburne Crescent has been converted into 6 apartments, all except flat 6 have gas fired central heating. Each flat pays council tax and has coin meters for electric and gas useage, although Flat 4 has it's own gas meter. The landlord pays the water bill and buildings insurance.

There is an entry phone system linked to each flat as well as a fire detection system in place and extinguishers in each flat.

The building produces an annual income of approximately £37,600.

Please contact Torquay Real Estate for a detailed brochure.
Tenure: Freehold

Location Details:
Located between the Harbourside area of Torquay and the village shops and cafe scene at Wellswood.

Listed by: Torquay Real Estate

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