Summary - 8 SCARBOROUGH PLACE TORQUAY TQ2 5UY
2 bed 1 bath Flat
**Standout Features:**
- 2 double bedrooms
- Close to Torquay Seafront and Torre Train Station
- Recently renovated with new carpets and modern decor
- Currently tenanted with a rental income of £695 pcm
- Low ground rent at £50 per year
- Excellent mobile signal and fast broadband
**Potential Downsides:**
- Leasehold with only 72 years remaining, which may affect mortgage options
- Situated in an area with high crime rates
- Located in a deprived area with hampered aspiration for buyers
Discover a charming ground-floor flat that’s perfect for investors seeking a reliable rental income or first-time buyers looking for an affordable entry into the property market. This well-presented two-bedroom flat features a welcoming entrance hall leading to a spacious lounge and a modern, well-equipped kitchen. Both bedrooms are doubles, providing ample living space, while the shower room is fitted with a clean three-piece suite.
Benefit from its prime location near local schools, convenient transport links, and the scenic Torquay seafront—ideal for those who enjoy coastal living. However, potential buyers should be aware of the property’s leasehold status with 72 years remaining, which could limit financing options. Given its attractive guide price of £100,000 - £105,000 and current tenant already in place, this opportunity won't last long. Schedule your viewing today and envision the possibilities!
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