Block of flats for sale in Abbey Road, Torquay TQ2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- High Return Residential Investment Opportunity
- Five Self-Contained Residential Units
- Comprising 1 x Two Bedroom Flat & 4 x One Bedroom Flats
- Rental Income of £38,760 Per Annum
- Well Situated Close to Town Centre
Property description
A large period building comprising of five self-contained residential flats. The five flats were renovated by the current owner in 2020 and are currently all let to tenants on Assured Shorthold Tenancy Agreements. The flats are each fitted with individual electric meters and electric panel heaters. There is no gas supply to the property. Water is provided by the landlord under the tenant’s rental.
The property presents an attractive opportunity for those looking for an established and high rental return investment in a central location.
Flat 1 - 1 Bed
44m2 (473 sq ft).
Let at £650 pcm.
Flat 2 - 2 Bed
56m2 (602 sq ft).
Let at £800 pcm.
Flat 3 - 1 Bed
33m2 (355 sq ft).
Let at £650 pcm.
Flat 4 - 1 Bed
21m2 (226 sq ft).
Vacant – Marketed To Let at £530 pcm.
Flat 5 - 1 Bed
34m2 (365 sq ft).
Let at £600 pcm.
EPC Ratings
Flat 1 - D.
Flat 2 - C.
Flat 3 - D.
Flat 4 - D.
Flat 5 - D.
Council Tax Bands
Flat 1 - A.
Flat 2 - A.
Flat 3 - A.
Flat 4 - A.
Flat 5 - A.
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Property info
For more information about this property, please contact
Bettesworths Commercial, TQ1 on +44 1803 912766 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths Commercial, and do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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