Apartment Complex in Torquay

£215,000 Freehold
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Apartment Complex in Torquay

18 South Street, Torquay, Devon, TQ2 5AA

A centrally located three storey apartment complex only 5 min walk from seafront, Torquay. Comprising of 3 x one bedroom flats, 1 x studio flat and 1 x 2 bedroom flat. All serviced by an integrated fire alarm system, fully managed and also generating a high impressive annual income. Early viewings are highly recommended....


LOCATION

Centrally located on South Street, which leads into Torquay and to the seafront It is only a few minutes’ walk to beach, marina, harbour and town centre, together with easy access to local train and bus station. Ideally situated to take advantage of fine restaurants, continental café scene, Princess Theatre with many West End shows throughout the year, and very close to Torquay’s conference centre facilities.

 

 ACCOMMODATION

This investment is fully managed by a local reputable agent and successfully for many years. Income from the individual flats are approximately as follows;

  1. 3 x One bedroom flat £400 per calendar month exclusive
  2. 1 x Two bedroom flat £510 per calendar month exclusive
  3. 1 x Studio flat £390 per calendar month exclusive

Together producing and income when all occupied at £25,000 before expenses.

 

SERVICES

We are advised that the property benefits from the following: mains electricity, mains gas, mains water supply, none of these services have been tested by the agents Ware Commercial.

 

RATEABLE VALUE

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

 

TENURE

Freehold

 

VIEWINGS.

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880 Email. info@warecommercial.com   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.