Quick Search:


12 bedroom property for sale in Torquay

Price: £750,000

This Property is Markted By :

Saunders and Lingard
Moorgate House, King Street, Newton Abbot, Devon, TQ12 2LG

  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo
  • Main Photo









Local Jobs Logo LOCAL JOBS


Local Bars Logo LOCAL BARS


Local Restaurants Logo LOCAL RESTAURANTS


Local Trades Logo TRADES AND SERVICES

 

Property Reference: 10000340


Full Property Description:

The property enjoys good access to the local shops, high street and harbour along with excellent transport links via the new road which offers an easy commute to Newton Abbot, Exeter and the M5 network beyond. For the outdoor lovers, the south Devon coastline with its picturesque beaches and Dartmoor National Park are both within easy striking distance.

Rental Investment purchase. This substantial building (38 & 40), is located in a popular residential area of Torquay with some lovely, far reaching views from some of the apartments. The buildings were skilfully converted in the 1980`s to create 10 self contained, highly individual apartments ranging in size and layout, with most of them recently refurbished. We are marketing the whole building and apartments, along with the freehold as a whole lot. Each unit benefits from their own kitchen and shower room and are a combination of studio, 1 and 2 bedroom apartments.

With tenants already in place, this is a great opportunity to take over an existing property portfolio and generate immediate income, and this is currently c?69,000 (minus of any fees/costs etc).

Please note that there is NO parking on site, and some outdoor space as per the apartment descriptions.



Approach
From the fore court, with bin storage area, main door to Flats 2,3 & 4 in No.38, with secure entry system into the main hall, and stairs rising to the first and second floor. Meter cupboard. External steps down to a private front door to Flat 1.

Flat 1
Lower ground floor flat with lobby, spacious lounge with a double glazed window to the front. Kitchen with fitted units and double glazed window to the side. One double bedroom with double glazed window to the side aspect and a fitted shower room.
Current rental income: ?140pcw
EPC: D
Council Tax: A

Flat 2
Ground floor flat with lobby, spacious lounge with a double glazed period window to the front aspect. Kitchen with fitted units and double glazed window to the side. Two double bedrooms with high level double glazed window to the rear aspect and a fitted shower room.
Current rental income: ?150pcw
EPC: D
Council Tax: A

Flat 3
First floor flat with lobby, spacious lounge with a double glazed bay window to the rear aspect enjoying views across Torbay. Kitchen with fitted units and double glazed window to the side. One double bedroom with double glazed window to the front aspect and a fitted shower room.
Current rental income: ?140pcw
EPC: D
Council Tax: A

Flat 4
Second floor flat with lobby, spacious lounge with a double glazed dormer picture window to the rear aspect and enjoying far reaching views across the surrounding area. Kitchen with fitted units and double glazed window to the side. One double bedroom with double glazed dormer window to the front aspect and a fitted shower room.
Current rental income: ?140pcw
EPC: E
Council Tax: A

No. 40
From the fore court, with bin storage area, main door to Flats 3,4 & 5 in No.40, with secure entry system into the main hall, and stairs rising to the first and second floor. Meter cupboard. External steps down to private front doors to Flat 1, 2 & 6.

Flat 1
Lower ground floor Garden Flat with open plan style living accommodation with sliding double doors to the terrace. Kitchen area with fitted units and double glazed window to the side aspect. Studio style bedroom area and a fitted shower room.
Current rental income: ?130pcw
EPC: D
Council Tax: A

Flat 2
Lower ground floor Corner flat accessed via a balcony, with open plan style living accommodation with a double glazed window to the rear aspect. Kitchen with fitted units and double glazed window to the rear aspect. One double bedroom with double glazed window to the


Property Features:

These have yet to be provided by the Agent


Property Brochure:

Click link below to see the Property Brochure:

Energy Performance Certificates (EPC):



Floorplans:

This has yet to be provided by the Agent


Agent Contact details:

Company: Saunders and Lingard
Address: Moorgate House, King Street, Newton Abbot, Devon, TQ12 2LG
Telephone:
Click to Show Agents number
Website: http://www.saundersandlingard.co.uk

Disclaimer:

This is a property advertisement provided and maintained by the advertising Agent and does not constitute property particulars. We require advertisers in good faith to act with best practice and provide our users with accurate information. WonderProperty can only publish property advertisements and property data in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. WonderProperty does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. WonderProperty therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.