This freehold residential investment opportunity is located on Melville Street in Torquay, just a short walk from the town centre and Harbourside. The property is arranged as three self-contained 1-bedroom units, with two flats and one house, and is currently fully let producing £13,800 per annum. The flats are tenanted on Assured Shorthold Tenancies, and the long leaseholders of Flats 1 & 2 contribute towards the building's insurance and maintenance costs. The property is free from gas supply, with each flat having its own water and electricity connections. The asking price is £200,000, and each party will be responsible for their own legal costs incurred in the transaction. Viewings are highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.