An established freehold residential investment opportunity comprising a substantial period property arranged as five generously sized, self-contained residential flats, all currently let on Assured Shorthold Tenancy agreements. One of the apartments is currently in the process of being formally regularised with the planning department, following over ten years of continuous residential use.
The property has been successfully owned and operated for many years and delivers consistent rental income, supported by the ongoing strength of demand for centrally located accommodation in Torquay. The owner manages the investment directly, utilising a local letting agent as required for tenant placement, providing a proven and flexible ownership model.
All trade fixtures and fittings are included in the sale, excluding the vendor’s private items. A full inventory will be provided prior to exchange of contracts.
Each flat offers well-proportioned accommodation with defined living and sleeping areas, and residents benefit from access to garden space. The building retains its period character while functioning as a practical, income-producing asset. The sale includes all trade fixtures and fittings, with a full inventory to be supplied prior to exchange of contracts.
This opportunity will appeal to investors seeking a well-established, multi-unit residential asset in a prime town centre location, with long-term letting history and scope for continued income stability.
