Property for sale in Pimlico, Torquay TQ1

Just added
£320,000
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Property for sale - 4 bedrooms

4 4 4 EPC Rating: D EPC Rating: D

Tenure:
Leasehold
Time remaining on lease:
250 years
Service charge:
£1,200 per year
Ground rent:
£100
Council tax band:
A

Utilities and more details

Property description

Description

Ready as a turnkey investment is this block of 4 residential letting flats situated in a convenient location of the town centre, all of which are currently rented to long term tenants at an annual combined rental of £25,800.

All four flats are self contained, one bedroom flats, which have their own separate utility supplies and the rent is exclusive of council tax and utilities which are payable by the tenants.


Flat 1 - Rental of £550 pcm / £6,600 p/a


First floor one bedroom flat, comprising of open plan lounge/kitchen, double bedroom and en-suite bathroom.


Flat 2 - Rental of £600 pcm / £7,200 p/a


First floor one bedroom flat, comprising of open plan lounge/kitchen, double bedroom and bathroom.


Flat 3 - Rental of £500 pcm / £6,000 p/a


Second floor one bedroom flat, comprising of open plan lounge/kitchen, double bedroom and bathroom.


Flat 4 - Rental of £500 pcm / £6,000 p/a


Second floor one bedroom flat, comprising of lounge, separate kitchen, double bedroom and bathroom.

Council Tax Band: A (Torbay Council)
Tenure: Leasehold (250 years)
Ground Rent: £100 per year
Service Charge: £1,200 per year (reviewed every 1 years)

Property info
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For more information about this property, please contact
Torbay Property Management, TQ1 on +44 1803 268860 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Torbay Property Management, and do not constitute property particulars. Please contact Torbay Property Management for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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