An impressive period property comprising of five generously sized, self-contained residential flats, all currently let under assured short hold tenancy agreements (One of the apartments is currently being formalised with the planning department after over ten years of continuous use). This well-maintained investment has been successfully operated for many years, consistently delivering a strong rental income. Each flat offers spacious bedrooms, comfortable living areas, and access to a garden.

LOCATION
It is ideally located on Abbey Road, just a short walk from Torquay's vibrant town centre, picturesque seafront, and convenient rail and bus links. A multi-storey car park is also situated on the same road, providing excellent parking options for residents and visitors.

BUSINESS
This property has been successfully owner operated for several years, together with a local agent who, when required obtains new tenants for the owner. The property offers an appealing opportunity for investors seeking a well-established, high-yield rental asset in a prime central location.

ACCOMMODATION COMPRISES
Entrance through a large wooden feature door with glass to:
Large communal hallway, landlords store room, staircase a under stairs storage.

Flat 1
473 sq ft
Situated on the second floor, this bright and generously proportioned flat features a bedroom, kitchen, bathroom, and a lounge with views over the rear garden. The lounge benefits from an abundance of natural light, enhanced by dual aspect windows.

Flat 2
602 sq ft
A well-proportioned two-bedroom apartment. Located on the first floor featuring a welcoming lounge with an original fireplace, leading into a modern kitchen fitted with white wall and base units, an integrated oven with induction hob, fridge freezer, and a stainless steel sink with drainer. The flat also includes a bathroom and a convenient built-in storage cupboard.

Flat 3
355 sq ft
Accessed via the main entrance on the ground floor, this one-bedroom, L-shaped apartment offers well-arranged accommodation comprising a lounge, kitchen, bedroom, and bathroom. This flat offers the potential to be converted into a two bedrooms by incorporating the landlords storage room as a second bedroom.

Flat 4
226 sq ft
Accessed via the communal hallway and leading to a side courtyard, this one-bedroom apartment features an entrance hall, an open-plan kitchen/living area, and a bathroom.

Flat 5
Accessed through the communal hallway and side courtyard, this one bedroom apartment features an open plan kitchen and living area and benefits from a lawned garden to the rear.