Summary - Church Lodge Church Lane, Torquay, Devon, TQ2 TQ2 5SE
5 bed 1 bath Block of Apartments
**Key Features:**
- Newly renovated Victorian block of apartments
- Freehold tenure, chain-free sale
- Three apartments: 2 two-bedroom and 1 one-bedroom
- Attractive rental income potential of over £24,000 per year
- Prime location near Torquay seafront, shops, and transport links
- Good overall condition but kitchen modernization required in one unit
- Low crime area, but also classified as very deprived
Explore this exceptional residential investment opportunity in the heart of Torquay, Devon! This newly renovated Victorian terraced block features three apartments, comprising two spacious two-bedroom units and a cozy one-bedroom unit that collectively offer excellent rental income potential exceeding £24,000 annually. Located just steps away from local cafes and the picturesque seafront, this property is ideally situated for year-round rental demand, making it perfect for both seasoned investors and first-time buyers.
While the property is in good condition overall, note that the kitchen in Apartment 2 requires modernization. Each apartment boasts its unique charm, with features like exposed beams, generous living spaces, and a substantial rear garden for the ground-floor unit. With its desirable location, chain-free sale, and potential for further renovations, don’t miss your chance to invest in this promising property. Schedule a viewing today before it’s gone!
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