Your Local Estate & Lettings Agent in Torquay    |     01803 607 036

Braddons Street - Flats A,B & C, Torquay

Under Offer £340,000




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


Tenant Fees

Deposits (No Greater Than 4 Weeks Rent) will be Registered and Paid Over into The Deposit Protection Custodial Scheme

A Holding Deposit Equal To 1 Weeks Rental Will be Payable To Remove A Property From The Market Whilst Referencing Is Being Applied. This Holding Fee Is Refundable Can Be Used Against Rental Obligation or Deposit Obligation.

If The Tenant (a) Withdraws Once A Tenancy Has Been Agreed or (b) False Information Has Been Provided By A Prospective Tenant In Providing Information For Referencing or (c) Has No Legal Status To Remain In The UK The Holding Deposit Paid To Seymour & Co Will Be Retained By Them To Mitigate The Costs In Processing Their Application.


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

 51a High Street, Bristol, BS15 3DQ    |     01803 607036   |    mail@seymouronline.co.uk

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