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4 bedroom block of apartments for sale

Abbey Road, Torquay

Withdrawn from Market £290,000

Property Description

Key features

  • Buy-to-let investment opportunity
  • 4 individual residential apartments
  • A converted period style building
  • Currently let at full capacity with A.S.T's
  • Providing a gross annual income of £24,660
  • Town centre location
  • Benefits from parking
  • Gross yield of 7.8% p.a.
  • See brochure details for dimentions and individual unit specifics
  • Call Absolute Sales and Lettings Torquay on 01803 214214 to arrange a viewing

Full description

***Calling all Buy-to-let investors***
A centrally located period style property which has been converted into 4 individual residential units providing a fantastic investment proposition.
All 4 apartments are currently let on A.S.T 's providing an annual income of £24,660 p.a. The current asking price would provide a new landlord with a 7.8% gross yield p.a.
The building is split into 3 well sized one bedroom apartments and a studio apartment with storage and off road parking.

Call Absolute Sales and Lettings for a viewing appointment. Please note as the building is fully let we will require at least 24hrs notice prior to viewing to liaise with the tenants


Apartment 1 
Lower ground floor 1 bedroom apartment accessed via the rear of the property through the kitchen diner. Has a large spacious lounge and dressing room area, shower room and back bedroom on a slightly raised level. There is allocated parking and a small courtyard space. Kitchen/Diner: 4.38m x 2.91m Lounge: 6.10m x 4.36m Dressing room: 5.28m x 4.46m Currently let on an AST @ £505pcm

Apartment 2  
A spacious ground level apartment with allocated parking to the front. Inside features an entrance hallway leading to a large open lounge with high ceilings and many charming period additions, double bedroom with storage spaces, an en-suite shower room, separate WC and a modern fitted kitchen. Lounge: 5.22m x 5.05m Bedroom: 4.46m x 3.24m kitchen: 3.19m x 2.96m Currently let on an AST @ £555pcm

Apartment 3  
A split level apartment featuring an open plan living space with a modern well proportioned fitted kitchen on the first floor and stairs which lead to a landing space used as a study to the bedroom and bathroom. Open plan living space: 4.97m x 5.22m Bedroom: 4.39m x 3.58m Currently let on an AST @ 475pcm

Apartment 4  
A first floor apartment with an open plan living space with a kitchen area, shower room and bedroom. See photos for Living area: 3.38m x 4.43m bedroom: 2.96m x 2.88m Currently let on an AST @ £520pcm

EPC and council tax band information 
Apartment 1 - EPC: D C/T band B Apartment 2 - EPC:D C/T band B Apartment 3 - EPC: E C/T band A Apartment 4 - EPC:D C/T band A

More information from this agent

Listing History

Added on Rightmove:
06 October 2016

Map & Street View

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