Block of flats for Sale in Cleveland Road, Torquay£325,000
**INVESTMENT PROPERTY*** Yield of 10%***YEARLY INCOME OF £32,640**** This property contains 7 self contained units all currently let.
Ridgewater is pleased to offer this well-presented investment property with 7 self-contained flats. In a good location close to Torre Train Station and a short walk into Torquay town centre.
**INVESTMENT PROPERTY*** Yield of 10%***YEARLY INCOME OF £32,640****
Flat 1: £325 pcm - Studio flat on 1st floor
Flat 2: £350 pcm - First floor studio flat.
Flat 3: £325 pcm - First floor studio flat
Flat 4: £400 pcm - Ground floor studio flat
Flat 5: £450 pcm - 1 double bedroom flat
Flat 6: £420 -1 double bedroom flat
Flat 7: £450 pcm - 1 double bedroom flat
This property does have the potential to add further units subject to planning consent, this property requires updating/improvements
** Rent prices includes water on all flats** Off street parking for 3 flats.