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2 Bed Flat, Single Let, Torquay, TQ2 5SR £80,000

2 Flat Rock Road, Torquay, Devon, TQ1 - 1 views - 7 months ago
  1. Deal Search
  2. Torquay
  3. TQ2
  4. TQ2 5SR
Sold STC
Leasehold
BTL
ROI: 18%
104 m²

ValuationUndervalued

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Links

  • More Deals in Torquay
  • More Deals in TQ2
  • More Single Let Deals
  • More Single Let Deals in Torquay
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Property History

Listed for £80,000

May 22, 2025

Floor Plans

Description

  • NO CHAIN +
  • Tenants in Situ +
  • Town Centre Location +
  • Multiple apartments in block +
  • 2 x Two bed flats +
  • 1 x One bed flat +

Presenting to your consideration an exceptional property opportunity. This is a block of flats for sale, in good condition, situated in the heart of the town centre. The properties comprise of aone bedroom flat and two two bedroom flats - three fully equipped kitchens and three spacious reception rooms. Additionally, the flats features three well-maintained bathrooms/shower rooms.

The unique selling point of this property is its potential for investment, as it currently houses three flats within the building. There is a one-bedroom flat and two flats with two bedrooms each. All flats are double glazed and come with gas central heating, adding to the comfort and efficiency of the property.

Furthermore, the property comes with the added value of having happy tenants already in place. Current rental income totals £2035 per month, offering an immediate return on investment. The property is not subject to ground rent and has a minimal service charge, making it a financially sound investment.

In terms of location, the property benefits from a town centre location, offering easy access to local amenities, transport links, and a vibrant community.

Tenure: Leasehold

Agent Details

Pegg Estates, Torquay

01803 221975

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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