South Street

  • Freehold
  • On street/residents parking
  • Double glazing
  • Three Residential Units
  • Close to Local Shops and Amenities
  • Fully Occupied
  • Fully Compliant
  • Small Rear Courtyard

An established terraced Victoria house which is split into three residential units. 2 x one bedroom ground floor flats and 1three bedroom maisonette above. The flats are current tenanted and producing an annual income of approximately £20k.

The flats are fully compliant with C Rated EPCs, a fire detection system and eicr;s available upon request.

The building is situated close to local shops, amenities, and bus Links and each flat have proven to be very easy to let upon Availability. Torquay Town Centre and the sea front are within easy walking distance.

Flat 1
One-bedroom ground floor flat
EPC – C

Council Tax Band – A
Briefly comprising of lounge, bedroom, fitted kitchen
and modern fitted shower room. Economy 7 Heating and double-glazing.
Currently Let; Tenancy Commenced: 22.02.2019

Flat 2
One-bedroom ground floor flat
EPC – C

Council Tax Band – A
Briefly comprising of lounge, bedroom, fitted kitchen and modern fitted bathroom. Economy 7 Heating and double-glazing.
Currently Let; Tenancy Commenced: 24.05.2021

Flat 3
Three-bedroom Maisonette
EPC – C

Council Tax Band; A
Door with stairs raising to first floor, large kitchen/diner, lounge, bedroom 3 and fitted bathroom. Further stairs leading to two further bedrooms. High Heat Economy 7 Heating. Double-Glazing with Velux Roof windows in the attic room
Currently Let; Tenancy Commenced: 15.02.2022

• Fire Detection System
• No Gas
• Each flat has its own electric and water supply

The building has been owned by the current landlords for many years and the building has proven to be a successful investment. Genuine vendor reason for selling on.

Details of the rents, breakdown of costs and certification are available on request.

Available documents: –

• Assured Shorthold Tenancy Agreement
• Schedule of Condition/Inventory
• Deposit Certificate
• eicr Certificate
• EPC Certificate

Viewing Recommended. An excellent btl opportunity with immediate income upon completion.

 

Interested?