Block of apartments for sale

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Block of apartments for sale

Torquay TQ1
£270,000

Our Summary

  • The property comprises a three storey late Victorian end terraced house, which was converted into three flats in 1993 (planning reference P/1993/0218)

Description

The property is a three-storey Victorian end-terraced house located in Madrepore Road, close to Torquay town center and just over half a mile from the seafront. The property has been converted into three flats, each with its own metered supplies for gas, electricity, and water, as well as individual gas-fired central heating systems and uPVC double glazed windows. The first and second floor flats have been renovated and are currently let as holiday lets, generating a combined gross income of £27,673 last year. The ground floor flat is already let to an established tenant paying £550 per month. The property is being offered for sale in good condition and presents a great opportunity for a new owner.
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