4 bedroom terraced house for sale
Magdalene Road, Torquay, Devon, TQ1
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes 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
Asking Price: £250,000 | Rental Value: £1,500 pcm | Gross Yield: 7.2%
This recently renovated five-bedroom terraced property offers generous living accommodation, making it an ideal purchase for buy-to-let investors or large families seeking space, convenience and strong value.
The property benefits from five well-proportioned bedrooms, two modern bathrooms, and spacious reception areas, all finished to a contemporary standard following a recent refurbishment. Neutral décor throughout allows for immediate occupation or letting with no onward works required.
To the rear, the property enjoys an enclosed outdoor space, ideal for family use or tenant appeal.
The home is offered freehold, adding long-term security for owner-occupiers and investors alike.
Investment Highlights
• Market rental value: £1,500 per calendar month
• Annual rental income: £18,000
• Gross yield: 7.2% based on £250,000 purchase price
• Strong demand for multi-bedroom rentals
• Excellent long-term investment potential
Key Features
• Four/Five bedrooms
• Two bathrooms
• Terraced house
• Freehold
• Recently renovated throughout
• Ideal for large families or HMO-style investment (subject to local regulations)
• Strong rental yield
• Close to local amenities, schools and transport links
This is a fantastic turnkey investment with immediate income potential, while also serving as a spacious family home in a well-connected location.
Early viewing highly recommended.
- 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.
- Band: TBC
- 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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Magdalene Road, Torquay, Devon, TQ1
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Visit our security centre to find out moreDisclaimer - Property reference TQY250225. 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 Miller Countrywide, 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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