Studio for sale

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Studio for sale

Abbey Road, Torquay
£75,000

Our Summary

  • In need of some refurbishment and an Ideal purchase for buy to let investment or first time buyer is this first floor studio apartment situated close to the town centre and sea front which is accessed through a secure communal entrance

Description

This first-floor studio apartment is located close to the town centre and seafront, accessible through a secure communal entrance. Although in need of refurbishment, it offers a spacious open-plan lounge, kitchen, and bedroom, as well as a shower room. Currently rented for £5,400 per annum, it presents an ideal opportunity for a buy-to-let investment or first-time buyer. With a leasehold tenure and 123 years remaining, the property also comes with a manageable ground rent of £150 per year, which is reviewed annually, as well as a service charge of £1,512 per year, also reviewed annually. Its proximity to the town centre and seafront makes it an attractive option for those looking for a convenient and charming living space.
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