Two-bedroom rented flat with parking and steady income for portfolio growth.
Long lease — 995 years remaining
A two-bedroom maisonette in central Torquay offered with a long lease and an established long-term tenant, making it a straightforward buy-to-let addition. The property produces a current gross rent of £9,600 per year and benefits from shared private parking and a small, low-maintenance rear courtyard.
The accommodation is average sized (circa 700 sq ft) in a Victorian terrace setting with an open-plan living/kitchen and one bathroom. The long lease (995 years) removes a common leasehold concern and the property sits in an area with good local amenities and transport links — likely to attract investor and developer interest.
Notable negatives: the property sits in a very deprived local area, the outdoor space is small and paved, and the tenant is long-standing with no present intention to vacate. A buyers’ premium will apply to secure the sale. Prospective purchasers should request the full Let Property Pack, EPC, and floorplans and carry out inspections to confirm condition and potential rent uplift opportunities.
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