10 bedroom detached house for sale

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10 bedroom detached house for sale

Meadfoot Road, Torquay TQ1
£675,000

Our Summary

  • This unique investment opportunity features eight fully tenanted apartments, ranging from one to two bedrooms
  • While the property could benefit from some TLC, this is reflected in the competitive pricing
  • Turnover - Current Gross Annual Turnover currently is £53,000 however there is scope to push this too £63,000 Per annum if the owners accomodation was let

Description

This charming period property, located near Daddyhole Plain and Meadfoot Beach, is a unique investment opportunity featuring eight fully tenanted apartments, ranging from one to two bedrooms. While the property could benefit from some TLC, its competitive pricing reflects this. The apartments have a mix of layouts, including lounge/dining areas, kitchens, bedrooms, ensuites, and bathrooms. The property also has a washing room for occupiers' use. With a current gross annual turnover of £53,000, there is scope to increase this to £63,000 per annum if the owners' accommodation was let or the property was owner-occupied. This is a fantastic opportunity for investors or those looking for a unique property to call home.
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