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UNDER OFFER

Torquay

Key features

  • 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

Description

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.

Brochures

Property BrochureFull Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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About Bettesworths, Devon

Fleet Street, Torquay, TQ1 1BB

Bettesworths is an independent family business, owned and run by the third generation Chartered Surveyor Directors, Matt & Paul.

We have an experienced team, highly skilled and expert in delivering a broad range of services to clients looking for the very best results.

Our breadth of experience across all property sectors, the depth of our day to day involvement and our technical knowledge gives Bettesworths an unrivalled platform from which to provide advice to meet our clients’ needs.

Our clients range from private individual property owners and occupiers to PLC institutions. We ensure each and every one is best supported with a service with which to meet the challenges and changes in the market and their own circumstances.

We offer free initial consultations without obligation, so please contact a member of our team to discuss your requirements.

Your mortgage

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Years
%
Monthly repayments
£667
We think you can borrow up to
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Disclaimer - Property reference 11959496. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths, Devon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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