Freehold Residential Investment Opportunity. Fully Let Producing Over 10% Gross Return. 

The property is located on Melville Street, a popular residential street positioned just a short walk from Torquay’s town centre and Harbourside. This location is highly convenient for tenants, offering easy access to shops, restaurants, bars, the seafront and public transport links.

Flats 3, 4 & 5, Travis House represent an excellent opportunity to acquire a fully let, freehold residential investment. The property is arranged as three self-contained 1-bedroom units, with two flats and one house.  

The freehold includes Flats 3, 4 & 5, with Flats 1 & 2 Travis House being separately owned under long leasehold titles. The long leaseholders of Flats 1 & 2 contribute towards the building’s insurance and maintenance costs, helping to offset the landlord’s outgoings.

All three units are currently tenanted on Assured Shorthold Tenancies (ASTs. The building is free from gas supply with each flat having its own water and electricity connections.