Laburnum Row

Key Features

Summary

This is one of two flats being offered for sale to a cash buyer/ investor with long term, stable tenants in situ. The current rental is £450 per month although this is subject to an ongoing review. The remaining three units in the flat are owner occupied.
The block is run and managed by Laburnum House Management Company (Torquay) Limited, and this company is offered for sale at a nominal cost if both units are purchased together.

Being located directly opposite the new Riviera Development, this Victorian Building was converted in 2006 by the present owner.

The building is in good order with no obvious repair evident.

Set in Torre, with close local amenities and only 10 minutes from the sea front, this property has much appeal to the rental market.

Access to Exeter is good, Torquay train station being 5 minutes’ walk or so and the Devon Highway being accessible within minutes’ drive by car



GROUND FLOOR ACCOMMODATION:

ENTRANCE HALWAY: Solid wooden fireproof door with spy hole and security locks, carpeted flooring, wall mounted intercom, fire & smoke alarm, and doors leading to
FRONT RECEPTION ROOM: UPVC double-glazed sash window,, beige carpets, radiator, pendant light fitting
KITCHEN: Open plan access from front reception room integral electric oven & hob, black granite effect work tops with maple base and wall units, inset stainless single drainer, laminate flooring
SHOWER ROOM: Corner Shower Cubicle with opening door, wall mounted electric shower with riser rail. Inset spotlight. Fully tiled walls inside and tile to wet area around washbasin. Two-piece white bathroom suite, white low level dual flush toilet and pedestal washbasin. Radiator, Extractor fan. Brown laminate effect vinyl flooring.
BEDROOM 1: Beige carpet flooring, UPVC double-glazed window, Single electric powered Radiator.



SERVICES:
Connected to: mains water & sewage, heating by means electric storage and panel heaters.
Council Tax 20/21 - BAND A £1201 payable- with SPD £900)
Tenure Leasehold 999 years from 2006.
Maintenance £125 per quarter
Ground rent £50 per annum.

Full Description