Block of flats for Sale in Hunsdon Road TORQUAY£750,000
A Detached 'Villa style' property set in its' own grounds on the edge of the Warberries and in proximity to the harbour and town, arranged as 13 letting units, producing an annual income of approximately £71,000 per annum.
A Detached 'Villa style' property set in its' own grounds on the edge of the Warberries and in proximity to the harbour and town, arranged as 13 letting units.
The accommodation is arranged on 3 floors: flats 12 and 14 are at garden level with separate entrances and access to an internal staircase to the main hall on the ground floor. The ground floor has flats 1-4, the first floor has 5-9, with 10 and 11 on the top floor. All the flats are self contained except flat 3, which is a bedsitting room with a shower/W.C. in the hall. Each flat has individual heating either by gas or electric panel heaters with coin meters, water is at the landlord's expense, and there is a telephone entry system for security. The property produces an income of approximately £70,000 per annum
Approached via impressive double gates to large parking area the accommodation which retains some of the original features comprises:
(access to all studio apartments and flats)
FLAT 1 £565 PCM
Lounge, with door to private patio, Kitchen, Bedroom, Bedroom 2/Box Room, Shower Room with W.C. EPC=C
FLAT 2 £500 PCM
Lounge, Kitchen, Bedroom, Shower Room with W.C. EPC=D
FLAT 3 £433.33 PCM
Studio with kitchen area. Private shower and WC accessed externally. EPC=E
FLAT 4 £100 PER WEEK
Studio with kitchen area, shower. Private WC accessed externally. EPC=E
FLAT 5 £85 PER WEEK
Studio with kitchen area, shower and WC. EPC=D
FLAT 6 £110 PER WEEK (REQUIRES UPDATING).
Lounge, Kitchen, Bedroom, Shower with WC. EPC=E
FLAT 7 £100 PER WEEK
Studio with kitchen area, shower and WC. EPC=C
FLAT 8 £105 PER WEEK
Kitchen with sitting area, Bedroom, Shower Room with WC. EPC=D
FLAT 9 £100 PER WEEK
Studio with kitchen area, shower WC. EPC=D
FLAT 10 £100 PER WEEK
Studio with kitchen area, shower and WC. EPC=E
FLAT 11 £125 PER WEEK
Large studio area, Bedroom Shower with WC. EPC=E
(access from Ground Floor and externally from Terrace).
FLAT 12 £433.33 PCM
Studio living area, Kitchen, Shower, WC EPC=D
FLAT 14 £100 PER WEEK
Studio with kitchen, shower with WC. EPC=C
To the outside there is a main courtyard entrance with parking for several cars and a car port. In addition, a second entrance has been blocked. To the side there is a patio terrace, banana trees and path and steps leading to front patio terrace with steps down to a lawned garden with mature flower and shrub beds and an ornamental pond. Steps down to a further garden area all enjoying a good degree of privacy. Summer House, Edwardian style beach hut and hut storage sheds/under house storage. Communal Laundry Room with 2 washing machines and tumble dryer (all coin operated). Big Workshop/Store.
Tenure: Freehold. Income: Approximately £71,000 per annum. VAT: All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish any VAT implications before entering into any agreement.
Consumer Protection from Unfair Trading Regulations 2008 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Please inform us of any particular requirements that are important to you prior to viewing.