1 bedroom flat for sale

>

1 bedroom flat for sale

Abbey Road, Torquay
£85,000

Our Summary

  • Conveniently located for the amenities of Torquay town centre and within a short distance of the beach at Torre Abbey Sands, this flat is a great investment opportunity

Description

This flat is a great investment opportunity, conveniently located in Torquay town centre and just a short distance from the beach at Torre Abbey Sands. The property is currently generating a rental income of £450 per month, with a rental yield of 6.3%. The flat has been recently redecorated and features a modern kitchen with new integrated hob and oven. The property is being sold with tenants in situ, making it an ideal addition to any property portfolio. With a 999-year lease starting from 1983, the property offers long-term security. The flat is located in a Grade 2 listed building and benefits from a service charge of £37.50 per month. With easy access to Torquay town centre and travel options to the rest of Torbay and beyond, this property is a must-view for any investor or landlord.
Finance This Property