Summary - 50 ABBEY ROAD TORQUAY TQ2 5NH
5 bed 1 bath Block of Apartments
**Standout Features:**
- Freehold property with five self-contained residential flats
- Chain-free, offering an appealing investment opportunity
- Each flat currently leased with assured short-hold tenancy agreements
- Generously sized communal garden and individual gardens for selected flats
- Located just a short walk from Torquay's vibrant town center and seafront
- Planning permission in process for one apartment, enhancing value
- Strong rental history providing consistent income
**Summary:**
This Victorian terraced block of apartments in Torquay is a fantastic investment opportunity for savvy buyers. Comprising five generously sized, self-contained flats, each currently leased under assured short hold tenancy agreements, the property is positioned for consistent rental income. The common areas feature unique period details and high ceilings, while landscaped gardens provide a serene outdoor space for residents.
Located on Abbey Road, the property is within easy reach of local amenities, schools, and superb transport links, making it ideal for families and students alike. Notable nearby educational institutions include Ellacombe Church of England Academy and the highly rated Torquay Girls Grammar School. Although the area has a higher crime rate and shows signs of deprivation, the vibrant community and excellent mobile and broadband connectivity offer a practical living environment.
With planning permission underway for further development in one of the apartments, fresh potential awaits investors looking to maximize their portfolio in this key town. The property does require exterior maintenance, but its freehold status ensures full control over renovation and improvement possibilities. Don’t miss this chance to secure a high-yield asset in a rapidly evolving location—act quickly to explore this unique offering!
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