Daniel Hobbin Estate Agents Torquay

1 Bedroom Apartment for Sale Hawkins Avenue, Chelston, Torquay, TQ2 6ER

Price: £135,000

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Highlights

Status: Sold STC
Price: £135,000
Property type: Apartment
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Parking:
Garden:

Full Property Details

Features

  • Investors Only
  • Rental Income of Flat £675pcm
  • Rental Income of Garage £100pcm
  • 6.8% Yield
  • 984 Years Remaining on Lease
  • No Onward Chain
  • Ground Floor Apartment
  • Spacious Double Bedroom
In addition to being located in Chelston, the apartment comes complete with an enclosed rear garden as well as a garage. There is a tenant in place, generating £9,300 in annual income, giving an investor a 6.8% return.

Additionally, Hawkins Avenue is also located close to a bus route that serves Torquay Town Centre, as well as neighbouring shops and restaurants. In addition to Willows shopping centre and Torbay Hospital, the South Devon Highway also provides easy access to the A38 which provides access to Exeter and the M5. Armada Park offers open greenspace within walking distance, and Cockington Country Park offers 450 acres of open parkland within 1.5 miles.

In addition to an entrance hall and lounge, the accommodation also includes a kitchen, a double bedroom, and a shower room. UPVC double glazing and gas central heating have been installed by the current landlord, and the property has been maintained well. To the rear of the property, you can find a detached building with a private garage and a sunny garden which is accessed from the kitchen.

Council Tax Band: A (Torbay Council)
Tenure: Leasehold (984 years)
50% Share of freehold
Maintenance charges on an as-needed basis and contributing to 40% of the costs.

Highlights

Status: Sold STC
Price: £135,000
Property type: Apartment
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Parking:
Garden: