Torquay£139,950
On MarketBettesworths Commercial - 01803 2120214620
- Torquay Town Centre Buy-to-Let Investment For Sale
- 2x One Bedroom, Self-Contained Apartments
- Both Units Currently Tenanted and Let at £500pcm Each
- Gross Income £12,000p.a. – Gross Yield of 8.57%.
- Viewing Highly Recommended
Located in Ellacombe, Torquay the property is in a convenient location, just outside Torquay’s town centre. Ellacombe has become a popular residential location with its easy access to the town centre amenities, local schools, and bus routes.
A mid-terrace period property, currently run as an established buy-to-let residential investment. The property offers an immediate return on investment with both the ground floor and first floor one-bedroom flats having tenants in situ.
The flats are each let at £500 per calendar month, generating a gross rental income of £12,000 per annum.
- GROUND FLOOR FLAT
- LIVING/KITCHEN
Door to:-
- BEDROOM
Door to:-
- SHOWER ROOM
- FIRST FLOOR FLAT
- LOUNGE/KITCHEN
Door to:-
- BEDROOM
Door to:-
- SHOWER ROOM
- EPC RATINGS
First Floor Flat – D.
Ground Floor Flat - Awaited.
- COUNCIL TAX BAND
Both flats are band A for council tax.
- NOTE
The lower ground floor of this property is being offered for sale separately (3a Potters Hill Road). However, the vendor would be willing to sell the two properties together and interested parties are advised to speak to the Agents, Bettesworths for further details.
- VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
The flats are tenanted and we ask that no parties try to visit the property without formally organising through the Agents.
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