Summary - The Flat, 13 Walnut Lane TQ2 6JF
4 bed 3 bath Block of Apartments
**Standout Features:**
- Freehold block of three self-contained flats
- Projected rental income of approximately £2,500 per month
- Close proximity to Chelston shops and local amenities
- Off-road parking available
- Chain-free sale for a smooth transaction
**Summary:**
This prime investment opportunity features a freehold Victorian block of three self-contained flats, located just a short walk from Chelston's vibrant shops and amenities. With a projected combined rental income of around £30,000 per annum, this property is ideal for landlords seeking strong returns in a desirable area.
The building offers two studio apartments, great for professionals or short-term tenants, alongside a two-bedroom flat perfect for small families or couples. Each unit benefits from practical layouts, adequate natural light, and the potential for modernization to further increase rental yields. Although the communal outdoor area is relatively small, it suits urban living needs.
This property’s prime location, off-road parking, and the chain-free nature of the sale make it a compelling choice for first-time investors or those looking to expand their portfolio. Given the current rental demand in Torquay, this opportunity won’t last long—envision the potential of securing your foothold in a growing rental market today. Note: minor maintenance may be required for exterior repaints and updating interiors to maximize value.
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