A substantial mid-terraced FULLY LICENSED HMO with 6 Letting Bedrooms and a One Bedroom Lower Ground Floor Flat currently used as owners accommodation.
It is an IDEAL INVESTMENT OPPORTUNITY with a current annual rental income of £30,940 from the letting rooms however could be increased should the owners accommodation be let as well.
The property is ideally situated in close proximity of the town centre, local shops, sea front and the train station making it a successful and convenient rental location for current and future tenants.
The owners accommodation benefits from having its own private entrance and courtyard as well as internal access into the main house and can provide an opportunity for further rental income.
The property cpmprises of:
Door to front with glazed panel above, doors leading to lettings rooms and communal kitchen and dining room and stairs leading to first floor
Dining / Sitting Room
16’11” x 10’4” (5.15m x 3.14m)
Doors providing internal access to basement flat and balcony/garden area, archway through to kitchen, window to side and radiator.
11’7” x 8’4” (3.53m x 2.55m)
Range of fitted wall and base units and worktops with 1 ½ bowl stainless steel sink, tiled walls, window to side and boiler.
14’2” x 14’10” (4.33m x 4.52m)
Feature fireplace, sash window to front aspect and radiator
11’11” x 11’0” (3.64m x 3.36m)
Sash window to rear aspect, radiator and door through to en-suite shower room comprising of shower enclosure with electric shower, low level WC, wash hand basin and extractor fan.
Stairs leading up to:
First Floor Landing
High level window, radiator and doors to:
10’1” x 7’0” (3.07m x 2.13m)
Window to side aspect, radiator and wash hand basin
11’5” x 8’7” (3.49m x 2.62m)
Two windows to rear aspect, radiator and door through to en-suite shower room comprising of shower enclosure, low level WC, wash hand basin and extractor fan.
Communal Shower Room
Window to side aspect, low level WC, shower enclosure, wash hand basin and radiator
10’10” x 10’7” (3.31m x 3.22m)
Two windows to front aspect, radiator and door through to en-suite shower room comprising of shower enclosure, low level WC, wash hand basin and extractor fan.
10’6” x 6’6” (3.2m x 1.98m)
Window to front aspect and radiator
To the front of the property there is small concrete patio with path to front door and space for recycling boxes and refuge bins. To the side is a small decking/balcony garden area for the enjoyment of the residents.
Private entrance to the basement flat from the rear with concrete courtyard with partial overhead covering, shed and entrance into
10’5” x 8’4” (3.18m x 2.53m)
Range of fitted wall and base units and worktops with 1 ½ bowl stainless steel sink, window to side, radiator archway through to:
10’6” x 9’8” (3.19m x 2.94m)
Window to side aspect, radiator, door to:
Built in storage cupboards, shower enclosure with electric shower over and stairway leading into main house
Low level WC, window to side aspect and wash hand basin
10’7” x 9’9” (3.22m x 2.97m)
Window to side aspect and radiator
Council Tax Band: D
Energy Performance Rating: D
Viewings by appointment only – please call 01803 295291 to register your interest.
Torbay Property Management are a Local, Independent Lettings & Sales Agent established in Torbay for over 15 years with a low selling fee of just 1.2% inc VAT!
For a FREE, NO OBLIGATION VALUATION or for more information on our services call today!
Disclaimer: These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed. They do not constitute part or all of an offer or contract. The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy. We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition. Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors. Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents. In order to make sure there is no delay in agreeing a sale, we would ask for co-operation.