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Victorian Residence With Nine Apartments In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£2,000,000
Turnover:
Available on request
Net Profit:
Available on request

Introduction to Rosa Pines, a truly stunning Victorian Residence's on the South Devon coast, arranged as a Gracious owners apartment and nine self contained flats.

One of the early Villa's to be constructed on the prestigious Warberries hillside and occupying one of the highest positions, Rosa Pines is archetypal of its era when Torquay was favoured by the upper classes as a retreat for fresh air, mild climate and clear bathing waters, with these attributes remaining the case today. The house has been a loved home for our client and their family circa thirty years, affording exceptional versatility, currently generating strong rental income from letting eight of the self contained flats.

Rosa Pines stands centrally within its grounds, with the gardens enjoying full width terracing across the owners apartment, and lawns wrapping around the south and west elevations. The gardens are arranged to retain private relaxation and entertainment space for the owner, without compromising the beautiful recreational space for all the tenants.

Step inside the owners home glazed double doors with elegant large toplight opening to the entrance porch with beautiful tiled flooring and arched side windows. Double glazed doors with toplight leads to the impressive reception hall with lofty ceiling height and ornate cornice work. Leading off the main reception hall is an inner hall with shower room and home/office area which can connect to the communal hallway to a selection of the letting flats.

The kitchen/dining room is an impressive room with virtual full height sliding sash windows with working shutters and double doors overlooking and opening to the private paved terracing to the southerly aspect. Lofty ceiling height with ornate cornice work and feature marble fireplace with inset living flame effect coal gas fire and polished granite hearth. The kitchen is separated from the dining area by a wide granite bar with ceramic Butler sink with mixer tap and filtered cold water. Provisions for range cooker with Rangemaster hood over, dresser unit and further generous storage.

The garden room features french doors to the terracing and further door to the driveway parking. Access to a store room housing the gas boiler and cylinder. There is also secondary access via a hatch to the cellarage. The drawing room is a striking room with lofty ceiling height and detailed cornice work. Marble fireplace with cast iron inset and tiled detailing. The elegant windows all have window shutters.

Bedroom 1 with large picture windows with working window shutters enjoying a westerly aspect over the communal gardens towards dartmoor. Lofty ceiling height again with striking cornice work. Bedroom 2 with window to the front approach and fitted wardrobes. En-suite shower room. From the reception hall a staircase leads down to the cellarage with cloakroom and a main principal room having a separated storage area. Further inner room where the original victorian storage is still present. Further room housing the fuse boards and electrics.

The flats Rosa Pines boasts nine self contained flats in addition to the owners apartment, two of the flats affording a two bedroom design, and the remaining seven being one bedroom designs. The smallest flat (2) has been retained for private family use, although could be let to generate further income. Our client has ensured Rosa Pines enjoys a harmonious environment with excellent established tenants, some of which have been in occupation since 2001. All tenanted apartments are on standard assured shorthold tenancy agreements.

Step outside Approached via a pillared entrance with extensive driveway parking, Rosa Pines sits in attractive lawned gardens wrapping around the bright south and west elevations. The owners apartment enjoys private use of the southerly facing area of garden with extensive full width paved terracing having direct access from the kitchen/dining room and conservatory. The westerly facing garden is enjoyed by all the tenanted flats for communal use, with the garden level flats having private use of the areas directly outside. Historically, Rosa Pines had a swimming pool and there is ample space to reinstate a pool, or add sympathetic garden buildings or landscaping.

Additional information tenancy information - Current income from eight flats (owners and one flat retained for private usage) - Figures can be provided.

All tenanted flats are on standard Assured Shorthold Tenancy Agreements. Water is inclusive within the agreed rents, and six apartments also have gas inclusive. All flats pay their own council tax and electric.

For Further information please contact BusinessXchange by email

Property Information

Property:

Freehold

Location:

Prime location in Torquay

Other Information

Related Documents:

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