>
11 Orchard Gardens, Teignmouth TQ14 Block of apartments for sale
11 Orchard Gardens, Teignmouth TQ14
£800,000
11 Orchard Gardens, Teignmouth TQ14
£800,000
Our Summary
- This location would particularly appeal to investors looking to attract long-term tenants, young professionals, or those exploring holiday lets subject to necessary consents
- While the flats are generally in lettable condition, several would benefit from modernisation, presenting a strong opportunity to uplift rental values
- Scope to Add Value Via Refurbishment, Rent Increases & Potential Title Split
- Scope to Add Value Via Refurbishment, Rent Increases & Potential Title Split
Description
Belvic Court is a charming period block of eight self-contained flats located in the heart of Teignmouth, a thriving coastal town on the South Devon coast. The property, built in the early 20th century, retains many elegant features such as ornate plasterwork, wide staircases, and high ceilings. The flats, which include seven one-bedroom and one two-bedroom units, are arranged over six floors and have access via a communal hallway and stairwell. While the flats are generally in lettable condition, several would benefit from modernisation, presenting a strong opportunity to uplift rental values. The property is situated in a prime, elevated position on Orchard Gardens, close to the town centre, seafront promenade, and train station, making it an attractive investment opportunity for those looking to attract long-term tenants, young professionals, or those exploring holiday lets subject to necessary consents.