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3 bedroom terraced house for sale
Warren Road, Torquay, Devon, TQ2
£200,000
Warren Road, Torquay, Devon, TQ2
£200,000
Our Summary
- )Key Investment Highlights• Freehold block of 3 self-contained flats- all D rated EPCs• 2 × two-bedroom units + 1 × one-bedroom unit• 5 bedrooms total• Exceptional double-digit gross yield• Strong tenant demand area• Scope to refurbish and further enhance returns• Ideal for buy-to-let investors, cash buyers, developers & portfolio landlordsLocationWarren Road benefits from close proximity to Torbay Hospital, transport links, local shops and Torquay town centre, making it consistently popular with professionals, key workers and long-term tenants
Description
This freehold block of three self-contained flats on Warren Road, Torquay, is a high-yield buy-to-let opportunity with an extremely competitive price point. The property comprises two two-bedroom flats and one one-bedroom flat, with a total of five bedrooms, and includes a passageway and parking adjacent to the property. Two of the flats are currently tenant-occupied, generating immediate income, with estimated rental income of £2,350-£2,550 per month. The property offers a gross yield of 14.1-15.3%, making it an attractive investment opportunity for buy-to-let investors, cash buyers, developers, and portfolio landlords. The location benefits from proximity to Torbay Hospital, transport links, local shops, and Torquay town centre, making it a popular area for professionals, key workers, and long-term tenants.