**Key Features:**
- Detached property with 8 contained apartments, previously a holiday complex.
- Extensive parking and access to mature gardens.
- Located near Torquay town center, seafront, and transport links.
- Current rental income with potential for increased yields through minor upgrades.
- Includes a spacious two-bedroom owner's apartment with private garden.
- Ideally suited for investors seeking long-term rental opportunities.
- Freehold tenure and chain-free sale.
Discover this unique investment opportunity at Chestnut Lodge, featuring eight separate apartments nestled in a tranquil, tree-lined locality, just a short stroll from the vibrant Torquay town center and picturesque harbor. This versatile property has transitioned from a holiday let to a long-term rental model, making it a sound investment for remote management or complementing your existing portfolio.
With a spacious two-bedroom owner's apartment included, plus beautiful gardens and extensive off-street parking, this property enchants with functional comfort. While the property is in good overall condition, it would benefit from minor decorative updates to enhance its rental appeal and increase income potential.
This is a fantastic chance to own a piece of Torquay's thriving rental market in a prime, central location. Act fast; properties of this caliber don’t stay on the market long!
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