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Great Investment Opportunity

5 Laburnum Row, TQ2

Offers in excess of £75,000

 1 Bedroom       1 Bathroom       1 Reception

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  • Reference number seymour_1637062389
  • Property Type Flat
  • On-road Parking Yes
  • Furnishing Part Furnished
  • Open Plan Lounge Yes
  • Tenure Leasehold
  • Sale classification Buy to Let
  • Current Occupant External Tenant
  • Full Double Glazing Yes
  • Gas Central Heating Combi Boiler Yes
  • Double Bedrooms Yes

  • 999 Year lease
  • Management Company offered for Sale
  • Long term tenants in place

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


Tenure  : Leasehold

Reference : seymour_1637062389




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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