This classic Victorian residence has been converted into five self-contained one-bedroom flats, generating approximately £40,000 gross per annum in rental income. The property is situated in a convenient location, just half a mile from Torquay's seafront, and offers a range of amenities, including Torre Abbey Sands, Torquay train station, and the town center. The flats are all let on standard assured shorthold tenancy agreements, with the existing tenants wanting to remain. The property has been well-maintained by the current owner, who has owned it for over 30 years and is now looking to downsize their letting portfolio. The flats are all well-appointed, with features such as bay windows, large bedrooms, and separate bathrooms. The property also benefits from a communal lawned garden and patio, as well as a gated pillared entrance with driveway parking. With its established income and potential for further development or redesign, this property presents an attractive investment opportunity or a unique chance for an owner-occupier to live in part and generate some rental income.