Availability:
EPC: View EPC
Floorplans:
Brochure: View Brochure
Map: View Map
Share:
Description

An excellent Home & Income property comprising 10 units of letting accommodation and Detached 4 bedroom Coach House *Virtual Tour Available*

Ridgewater are pleased to offer for sale this Grade II Listed Detached Victorian Villa arranged as a Home and Income with 10 letting units (currently let providing an annual income of £53,820) plus a 4 bedroom Detached Owner's House within the grounds having its own double garage and charming garden.  The property stands within a generous walled plot, set back from the road offering ample parking to the front, and garden/sitting out areas with palm trees planted for the letting units. 

The property is within a mile of Torquay's town centre and is conveniently located near primary and secondary schools including Torquay Academy, the Torquay Boys & Torquay Girls Grammar Schools, Torbay Hospital, Torquay Squash Club and Barton Cricket Club.  The Willows shopping area with Sainsbury's, Marks & Spencer, Boots and Next is just a short distance away.

The Coach House

A leaded front door opens into the Entrance Porch with multi-paned glazed door leading to Entrance Hallway. 

Cloakroom 1.14m x 0.95m: with low-level W.C. and washbasin, double glazed frosted window.  

Dining Room 4.32m x 5.10m: Leaded double glazed window with two top openers. Beamed ceiling. Double radiator. Understairs nook. 

Sitting Room 4.26m x 4.17m: Attractive feature fireplace with gas fire fitted. Stripped floorboards. Radiator. Leaded double glazed French doors opening onto the garden.

Kitchen 4.39m x 3.43m: Fitted with a range of pine base units with granite work surfaces over and matching wall and matching cupboards. Central breakfast bar/island with granite worktop. Space for gas cooker. Fitted cooker hood. Belfast sink. Integrated dishwasher. Double glazed window overlooking the garden. Beamed ceiling. Large walk-in larder. Door to rear garden.

Stairs from the hallway lead to First Floor Landing. Radiator.

Bedroom One 4.26m x 4.19m: Leaded double glazed window. Radiator.

Bedroom Two 3.26m x 3.07m: Leaded double glazed window. Radiator.

Bedroom Three 3.12m x 2.76m: Leaded double glazed window. Radiator.

Bedroom Four 2.07m x 2.84m: Leaded double glazed window. Radiator.

Bathroom 2.01m x 1.76m: 3 piece suite comprising panelled bath with mixer tap and shower attachment. Pedestal wash hand basin. Low-level WC. Storage cupboard. Fully tiled walls. Double glazed window. Ladder style towel rail radiator.

Outside Attractive walled garden mainly laid to lawn with flower beds and borders.

Double Garage 4.65m x 5.68m: with metal up and over door.


At present, the letting units are all currently let providing an approximate annual income of £53,820 - a yield of 5.6%

Briefly, the letting accommodation comprises:
Flat 1 - Studio with shared shower room - Tenanted - £95 pw (council tax included in rent)
Flat 2 - Studio with shared shower room - Tenanted - £95 pw (council tax included in rent)
Flat 4 - Self-contained studio - Tenanted - £105 pw (council tax band A)
Flat 5 - Studio with shared shower room - Tenanted - £95 pw (council tax included in rent)
Flat 6 - Studio with shared shower room - Tenanted - £95 pw (council tax included in rent)
Flat 7 - Studio with shared shower room - Tenanted - £100 pw (council tax included in rent)
Flat 8 - Studio with shared shower room - Tenanted - £100 pw (council tax included in rent)
Flat 10 - Self-contained studio - Tenanted - £110 pw (council tax band A)
Flat 11 - Self-contained studio - Tenanted - £120 pw (council tax band A) - Only flat with GCH
Flat 12 - Self-contained studio - Tenanted - £120 pw (council tax band A)

All the flats have water rates included in the rent.

Outside The car park is mainly to the front and side. There are further courtyards surrounding the property. An entrance door at the side leads down to cellars beneath the property.

 

EPC's range from E - G