Ellacombe Road, Torquay TQ1 2 bed maisonette for sale

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Ellacombe Road, Torquay TQ1 2 bed maisonette for sale

Ellacombe Road, Torquay, Devon, TQ1
£155,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom maisonette in Torquay offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, lounge, kitchen, bathroom, and a rear garden space, as well as shared private parking. Currently, it generates an annual gross income of £9,600 from a tenant who has been in situ for several years and has consistently paid rent. With a potential for future rental income, this property presents a worthwhile addition to an investor's portfolio. The current tenants have no intention of moving out, and the seller is committed to facilitating a smooth transaction process.