Warren Road, Torquay
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
3
- SIZE
570 sq ft
53 sq m
- 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
Key features
- Chain Free
- Close to Torquay Seafront
- Four Bedroom Home
- Great Investement
- Loosely Arranged As Three Apartments
- Parking To Rear
Description
* Two self-contained two-bedroom flats
* One self-contained one-bedroom flat
* Five bedrooms in total
The building further benefits from an adjoining passageway and parking located adjacent to the property.
Current Tenancy Position
Two of the three flats are presently let, providing immediate rental income:
* Flat 2: £550 per calendar month
* Flat 3: £450 per calendar month
Projected Rental Income
Based on prevailing market conditions and comparable local rentals:
* Two-bedroom flats: £800-£900 pcm (each)
* One-bedroom flat: £700-£750 pcm
Estimated Gross Income:
* Monthly: approximately £2,350-£2,550
* Annual: approximately £28,200-£30,600
Gross Yield (based on £200,000 purchase price):
* Approximately 14.1% - 15.3%
All figures are provided for guidance only and interested parties are advised to conduct their own independent due diligence.
Key Investment Features
* Freehold block comprising three self-contained flats
* All units rated EPC D
* Strong unit mix: 2 × two-bedroom, 1 × one-bedroom
* Five bedrooms in total
* Attractive double-digit gross yield potential
* Established rental demand area
* Scope for refurbishment and rental growth
* Suitable for buy-to-let investors, portfolio landlords, developers and cash buyers
Council Tax Band: TBC
Tenure: Freehold
Flat 3
Entrance Vestibule
Private entrance to the rear of the property, opening up to a small courtyard.
Hall
Enter through the front door into the Hall. Vinyl flooring.
Bathroom
7ft x 7.33ft
Tiled floor. Three piece suite comprising: Low-level WC; Pedestal wash-basin and a panel-enclosed bath with shower over. Double-glazed obscured window to the rear aspect.
Bedroom
11.25ft x 9.5ft
Single bedroom with an obscured double glazed window to the rear aspect. Long single panel radiator. Vinyl flooring.
Kitchen
10.17ft x 8.25ft
Large double-glazed window to the side of the property over-looking the Courtyard. A range of wall units and base units with work-surfaces over. Stainless steel sink/drainer. Plumbing and space for a washing machine. Electric hob. Electric oven. Tiled floor. Wall-mounted radiator. Access through to the Living Room.
Living room
12ft x 9.5ft
Two uPVC double-glazed windows over-looking the private Courtyard. Wall-mounted radiator. Laminate flooring.
Flat 1
Communal Entrance
Via the Main Entrance. The Communal Entrance hall has carpet flooring and has access to Flat 1 and Flat 2.
Kitchen/Diner/Lounge
12.42ft x 12ft
Carpet flooring throughout. Large double-glazed uPVC window overlooking the front aspect. Large single radiator. Electric points.
The Kitchen area comprises: A range of wall and floor units with work-surfaces over. Electric points. Electric oven and hob.
Bedroom
12.75ft x 11.25ft
Large double-glazed uPVC window to the rear aspect with single wall-mounted radiator under. Electric points. Cupboard housing the Glo-Worm Combi-boiler.
Access to en-suite Shower Room.
Ensuite shower room
6.25ft x 5ft
Low-level WC. Shower cubicle. ingle radiator. Tiled walls. There is also a Wash-basin which will need to be wall-fitted and plumbed in.
Brochures
Brochure- 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.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Warren Road, Torquay
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Visit our security centre to find out moreDisclaimer - Property reference RS4268. 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 Pegg Estates, 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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