Avenue Road, Torquay

A fantastic investment opportunity to purchase a semi-detached house converted to four apartments currently let out with tenants in situ. The block of apartments are conveniently located just a short walk from Torquay Seafront, local amenities and schools. There is off road parking to the front of the property for multiple vehicles.

Current rental income
Unit 1 - £800
Unit 2 - £1000
Unit 3- £700
Unit 4 - £650

Water rates are paid for by the landlord and approximately cost £650 per quarter.

The Accommodation
An arched door to the side elevation of the property leads you into the reception hall where you have access to apartment one and stairs leading to the first floor in turn giving access to apartments two and three. The entrance hall boasts wonderful high ceilings, an obscure double glazed window and a cupboard housing the utility meters.

To the first floor you will reach apartment two comprising of three bedrooms, an open plan kitchen/living room and a shower room. Apartment three is also positioned to the first floor and comprises of one bedroom, an open plan kitchen/living room and a shower room.
To the ground floor you have access to apartment one. It comprises of an open plan kitchen, living room, shower room and two bedrooms. The Cottage boasts private access via wrought iron gates leading to a private courtyard with space for a shed. The cottage comprises of a kitchen, a living room, one bedroom and a shower room. The private courtyard garden is paved with a patio seating area.

Outside
To the front of the property is a tarmac driveway with off road parking for multiple vehicles to accommodate allocate spaces to each apartment.

Location 
The property is situated on Avenue Road just a few minutes walk to both Torre Abbey Green and Abbey Sands. It is also within walking distance to Torquay Town Centre and Torre high street as well as close by to local schools and amenities in Old Mill Road. Torquay Train station is a very short stroll away, offering fantastic links for commuters. 
Torquay is home to an array of picturesque landmarks and local attractions to include Living Coasts, Princess Theatre, Kents Cavern and the Model Village. A variety of beaches are on offer for both sun loungers or water sport enthusiasts with the power boat racing event occurring annually. The new South Devon Highway provides a faster route to the A38 with a journey time of approximately 30minutes to The Cathedral City of Exeter.