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Torquay TQ2 4 bed block of apartments for sale
Walnut Lane, Torquay TQ2
£250,000
Walnut Lane, Torquay TQ2
£250,000
Our Summary
- An ideal investment opportunity to acquire a freehold building consisting of three self-contained flats, offering a projected combined rental income of approximately £2,500 per calendar month
- Property Overview:Two x Studio Flats - well-suited to professionals or short-term tenantsOne x Two-Bedroom Flat - perfect for couples or small familiesAll flats are fully self-contained and occupy a spacious, well-maintained buildingKey Features:Freehold title includedTotal projected rent: £30,000 per annumWalking distance to shops, schools, bus routes, and parksPotential to increase yields or add value over timeIdeal for landlords expanding their portfolioThis property is perfect for those looking to generate strong rental returns in one of Torquay's most popular residential areas
Description
This freehold building in Torquay is an ideal investment opportunity, comprising three self-contained flats that can generate a projected combined rental income of approximately £2,500 per calendar month. The property is situated close to local amenities, shops, and schools, making it attractive to both long-term tenants and short-let investors. The two studio flats are well-suited for professionals or short-term tenants, while the two-bedroom flat is perfect for couples or small families. With a freehold title included, the property offers a strong potential for increasing yields or adding value over time, making it an excellent choice for landlords looking to expand their portfolio.