Overview
Description
The property is situated in Madrepore Road, slightly elevated but very close to Torquay town centre and less than half a mile from the seafront.
The property comprises a three storey late Victorian end terraced house, which was converted into three flats in 1993 (planning reference P/1993/0218). Each of the three flats has separate metered supplies for gas, electricity, and water. They each have individual gas fired central heating systems and uPVC double glazed windows.
To the side, there is parking for three vehicles and a small, raised garden area. The first and second floor flats have been renovated in recent years and run as holiday lets for the last 18 months. Last year, the two holiday lets generated a combined gross income of £27,673.
The ground floor flat is let to an established tenant, who is paying £550pcm. Offered for sale in good condition throughout this is great opportunity for parties looking for an established holiday let investment in a central Torquay location.
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