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Torquay TQ2 Block of apartments for sale
Torquay TQ2
£400,000
Torquay TQ2
£400,000
Our Summary
- An exceptional investment opportunity comprising a freehold block of five self-contained one-bedroom apartments
Description
This freehold block of five modern one-bedroom apartments in Torquay offers an attractive investment opportunity with a gross yield of 9.36%. Situated in a central and convenient location, the property benefits from easy access to shops, cafes, restaurants, and leisure amenities, as well as the picturesque harbourside and seafront. Each apartment has been finished to a modern standard with open plan living/kitchen areas, bathrooms, and a double bedroom, and features double glazing and good natural light. The block was developed in 2019, providing a relatively new fit out, and offers an immediate income stream, making it a rare chance to acquire a recently developed residential rental investment in Torquay.