Torquay, Devon

Hele Road is a well-established residential area in Torquay, providing easy access to local amenities, schools and transport links. The area is served by a variety of shops and supermarkets, with convenient access to The Willows and nearby retail parks. Excellent transport links via the A3022 connect to Newton Abbot, Exeter and beyond, while Torbay Hospital is within walking distance.

The property is a well-established investment, arranged as two self-contained flats. The ground floor flat is arranged as a 1-bedroom, whilst the first floor flat is arranged as a 2-bedroom. The property benefits from a garden at the rear which both tenants currently share and maintain together. Both flats are let to established tenants of over 5 years, on 12-month ASTs, with both tenants keen to stay on into the future.

Both flats are kept clean and tidy by the tenants and the landlord has maintained the fabric of the property. Currently generating a gross rental income of £13,675 per annum, this is an excellent opportunity to acquire a well maintained and high return residential investment.