Daniel Hobbin Estate Agents Torquay

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

Price: £135,000

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Highlights

Status: Sold
Price: £135,000
Property type: Apartment
Listed on: 26th Aug 2022
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Parking:
Garden:
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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.

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: Sold
Price: £135,000
Property type: Apartment
Listed on: 26th Aug 2022
Tenure: Leasehold
Council tax band: A
Bedrooms: 1
Bathrooms: 1
Receptions: 1
Parking:
Garden:
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