Daniel Hobbin Estate Agents Torquay

1 Bedroom Apartment for Sale Abbey Road, Torquay, TQ2 5NN

Offers Over: £83,000

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Highlights

Status: Available
Offers Over: £83,000
Property type: Apartment
Listed on: 11th Jan 2024
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
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Full Property Details

Features

  • One-bedroom, Chain-free Flat
  • High 8% Potential Yield
  • Walking Distance to Town Centre
  • Scenic Harbour Nearby
  • Vibrant Dining & Bar Scene
  • Open Plan Kitchen & Living
  • Double-glazed Natural Light
A one-bedroom, chain-free, first-floor flat presents an excellent investment opportunity with a potential yield of approximately 8%. It also serves as an ideal choice for first-time buyers, providing an affordable entry point into the property market.

This property is located within walking distance of Torquay town centre, providing easy access to a variety of local shops and amenities. Torquay's picturesque harbour, seafront, and promenade are merely a few minutes' stroll away. This affords a delightful coastal lifestyle enriched by a vibrant dining and bar scene. The flat enjoys a strategic location, serving as a transportation hub, ensuring convenient connections to the surrounding areas.

Tenant in situ paying £595 per month with an approximate annual yield of 8.6%

Upon entering through the communal hallway, you'll be greeted by the flat's entrance, leading to an inner hallway. The flat features an open plan kitchen and living room. The living area benefits from a double-glazed window that enlightens the space with natural light. The kitchen is equipped with an integrated electric oven and hob, complemented by an extractor hood. Additionally, it features a stainless steel sink and drainer, with convenient under-counter space and plumbing for a washing machine.

The bedroom is generously proportioned, offering comfort and space. It features two double-glazed windows, recently fitted carpets, and a built-in cupboard housing the water tank. Moving to the bathroom, you'll discover a well-appointed three-piece suite, comprising a bathtub with an electric shower over it, a pedestal wash basin, and a toilet. The bathroom walls are partially tiled.

Council Tax Band: A (Torbay Council)
Tenure: Leasehold (92 years)
Service Charge: £700 per year
125 years remaining from 25 March 1990

These particulars do not constitute any part of an offer or a contract. All statements contained in these particulars are made without responsibility on the part of Daniel Hobbin Estate Agents Limited. Where every attempt has been made to ensure the accuracy of the floorplan contained here, any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulations or other consents. Daniel Hobbin Estate Agents Limited have not tested any services, equipment or facilities. Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Highlights

Status: Available
Offers Over: £83,000
Property type: Apartment
Listed on: 11th Jan 2024
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Property Valuations Torbay
Thinking of selling in Torbay?
Take advantage of our free property valuation service to find out how much your home is worth.
Free Valuation