Freehold Block of Five Modern Apartments. Attractive Investment with String Return - Gross Yield of 9.36%.

228a Union Street is situated in a central and highly convenient position in Torquay. Just a short walk from the town centre, the property benefits from easy access to a wide range of shops, cafés, restaurants and leisure amenities.  

Torquay’s picturesque harbourside and seafront are also nearby, enhancing its appeal to tenants and investors alike. The area is well served by local bus routes and is within reach of both Torquay and Torre railway stations, offering connections to Exeter, Newton Abbot, Plymouth and beyond. 

An exceptional investment opportunity comprising a freehold block of five self-contained one-bedroom apartments. Each flat has been finished to a modern standard with open plan living/kitchen areas, bathrooms and a double bedroom.  

The units benefit from, double glazing and good levels of natural light. The block offers an immediate income stream and was developed in 2019, meaning the fit out is still relatively new. This opportunity offers a rare chance to acquire a recently developed residential rental investment in Torquay.