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Abbey Road, Torquay, Devon, TQ2

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

An impressive period property comprising of five generously sized, self-contained residential flats, all currently let under assured short hold tenancy agreements (One of the apartments is currently being formalised with the planning department after over ten years of continuous use). This well-maintained investment has been successfully operated for many years, consistently delivering a strong rental income. Each flat offers spacious bedrooms, comfortable living areas, and access to a garden.

LOCATION
It is ideally located on Abbey Road, just a short walk from Torquay's vibrant town centre, picturesque seafront, and convenient rail and bus links. A multi-storey car park is also situated on the same road, providing excellent parking options for residents and visitors.

BUSINESS
This property has been successfully owner operated for several years, together with a local agent who, when required obtains new tenants for the owner. The property offers an appealing opportunity for investors seeking a well-established, high-yield rental asset in a prime central location.

ACCOMMODATION COMPRISES
Entrance through a large wooden feature door with glass to:
Large communal hallway, landlords store room, staircase a under stairs storage.

Flat 1
473 sq ft
Situated on the second floor, this bright and generously proportioned flat features a bedroom, kitchen, bathroom, and a lounge with views over the rear garden. The lounge benefits from an abundance of natural light, enhanced by dual aspect windows.

Flat 2
602 sq ft
A well-proportioned two-bedroom apartment. Located on the first floor featuring a welcoming lounge with an original fireplace, leading into a modern kitchen fitted with white wall and base units, an integrated oven with induction hob, fridge freezer, and a stainless steel sink with drainer. The flat also includes a bathroom and a convenient built-in storage cupboard.

Flat 3
355 sq ft
Accessed via the main entrance on the ground floor, this one-bedroom, L-shaped apartment offers well-arranged accommodation comprising a lounge, kitchen, bedroom, and bathroom. This flat offers the potential to be converted into a two bedrooms by incorporating the landlords storage room as a second bedroom.

Flat 4
226 sq ft
Accessed via the communal hallway and leading to a side courtyard, this one-bedroom apartment features an entrance hall, an open-plan kitchen/living area, and a bathroom.

Flat 5
Accessed through the communal hallway and side courtyard, this one bedroom apartment features an open plan kitchen and living area and benefits from a lawned garden to the rear.

OUTSIDE
To the rear, a generously proportioned, tiered lawned garden incorporates an seating area, while the front of the property boasts a well-maintained lawned garden.

FIXTURES & FITTINGS
A full inventory of trade fixtures, fittings, and equipment is included in this freehold sale, excluding the vendor's private items. A comprehensive inventory will be provided before the exchange of contracts.

UTILITIES
Mains electricity, gas, water, and drainage are connected. However, the agents, Ware Commercial, have not conducted any testing of these services.

BUSINESS RATES
Interested parties should make their own enquiries via the local Valuation Office Agency website at

LEGAL FEES
Each party will be responsible for their own legal costs related to the sale/purchase of this property.

TENURE
Freehold

VIEWINGS
All viewings and enquiries must be arranged through Ware Commercial.
Contact Details:
Tel: Torquay Office: or Exeter Office:
Email:
Website:
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Energy performance certificate - ask agent

Abbey Road, Torquay, Devon, TQ2

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About Ware Commercial, Torquay

16a Fore Street, St. Marychurch, Torquay, TQ1 4NA

Ware Commercial have offices based in Torquay, Exeter and Bournemouth and offer businesses and commercial properties for sale primarily throughout the South West of the UK. Drawing on over 45 years of experience, we specialise in the valuing, marketing and selling of businesses, land and commercial properties.

Our range of commercial properties and businesses for sale includes hotels, guest houses, holiday flats, retail stores, shops, salons, industrial properties, warehouses, offices, restaurants, cafes, takeaways, camp sites, investment properties, pubs, development properties and land.

Your mortgage

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Years
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Monthly repayments
£1,652
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Disclaimer - Property reference AbbeyRd. 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 Ware Commercial, Torquay. 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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