Braddons Street - Flats A,B & C, Torquay
Under Offer £340,000
0 Bedroom 0 Bathroom 0 Reception
Flat/Apartment - Leasehold
6 Photos
Torquay
Summary
A Great Investment Opportunity! 3 totally self -contained 1 Bedroom flats being sold with reliable tenants in place, grossing £20,700 PA in rent and returning a yield of over 6% (Based upon the asking price). Renovated to a high standard some 5 years ago and well maintained, this freehold property makes a welcome addition to any Landlord's portfolio. Offering Double Glazing, Gas Central Heating. Modern Kitchen with appliances, full size bathrooms and generous size double bedrooms, it is not hard to see why this building is fully occupied.
Having a separate Lease for each Flat of 125 years from 2018, offers any potential buyer flexible options for future capital raising or disposal in the future.
FOR FURTHER DETAILS , please call Seymour & Co 01803 607036.
Flats A-C are Council Tax Band A. Each Flat is banded individually.
Lease - 125 years from 2018
Freehold sold with purchase of building.
Reference: KWA1000454
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact Seymour & Co for more details