2 Flat Investment Property in Torquay

£165,000 Freehold
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2 Flat Investment Property in Torquay

3 Lower Shirburn Road, Torquay, Devon, TQ1 2PQ

Freehold Investment property in Torquay. Located in a popular residential area this mid-terraced property is currently divided into two self contained flats. Both flats are currently let on assured shorthold tenancy agreements with additional income from the double garage, located at the rear of the property which is also let. The property is conveniently located for the amenities and services of both Plainmoor and Torquay Town Centre. It is being offered in good decorative order with the benefit of both central heating and UPVC double glazing....


LOCATION

The property is situated on the outskirts and in a predominantly residential area of Torquay.  It is also in close proximity to both the Plainmoor and Torquay Town centre for all amenities and services.

 

ACCOMMODATION

Through a double glazed entrance door into

 

COMMUNAL HALLWAY

This comprises a cupboard, for the electric meters, and two doors leading to the individual flats.

 

GOUND FLOOOR FLAT

Through the entrance door into

 

HALLWAY

With radiator and under stairs recess with doors leading to

 

BEDROOM 1

4.34m x 2.97m

With radiator and double glazed bay window to the front

 

BEDROOM 2

3.96m X 2.97m

With radiator and large window to the rear

 

BATHROOM

Comprising bath with shower attachment, low level WC and wash hand basin. Tiled walls, radiator and two double glazed windows.

 

Staircase from the hall leads to the garden level

 

OPEN PLAN LOUNGE/KITCHEN

5.19m X 4.65m

This is divided into two distinct areas

 

LOUNGE

With radiator and window and door leading out to the rear garden

 

KITCHEN

With a full array of fitted wall and base units with spaces for appliances and befitting from a sink, four ring gas hob and electric oven.

 

UNDER HOUSE STORAGE

4.80m x 2.28m

With limited head room

 

FIRST FLOOR FLAT

With access to loft storage and doors leading off to

 

AIRING CUPBOARD

With hot water cylinder

 

LOUNGE

5.03 m X 2.82m

With radiator, feature fireplace and bay window to the front

 

KITCHEN

2.28m X 1.863m

With a full array of base and wall units, stainless steel sink, space for a washing machine, gas boiler and window to the front.

 

BEDROOM

3.20m X 2.97m

With fireplace and window to the rear

 

SHOWER ROOM

Comprises glazed shower cubicle, WC and wash hand basin

 

OUTSIDE

To the front is a level terraced garden with flowerbeds and to the rear is an enclosed garden and patio.

 

Accessed via a lane off Upton Hill

 

 

DOUBLE GARAGE

5.79m X 5.19m

Featuring metal up and over doors and leased separately.

 

TENURE

Freehold.

Current rental income £95 per week for each flat and £50 per month for the garage, making an annual income of £10,480

 

FIXTURES & FITTINGS

Trade fixtures, fittings and equipment with the exception of the vendor’s private inventory, will be included in this Freehold sale. Full inventory to be provided at exchange of contracts with full stock inventory to be provided at completion

 

SERVICES

Mains electricity, gas, water and drainage are all connected. However, no testing of these services have been undertaken by the Agents Ware Commercial

 

RATEABLE VALUE

Please make your own enquiries on the local Valuation Office Agency, telephone 03000500246 or on the Valuation Website (VOA) at www.voa.gov.uk

 

VIEWINGS

Viewings are to be conducted strictly by appointment via the agents Ware Commercial

Contact:

Tel.: 01803 328880

Email: info@warecommercial.com

Via website on: .www.warecommercial.com

 


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.