4 bed terraced house for sale

Magdalene Road, Torquay, Devon TQ1

4/5 Bedroom Terraced House for Sale – Freehold – Excellent Investment Opportunity.

Asking Price: £250,000 | Rental Value: £1,500 pcm | Gross Yield: 7.2%

This recently renovated five-bedroom terraced property offers generous living accommodation, making it an ideal purchase for buy-to-let investors or large families seeking space, convenience and strong value.

The property benefits from five well-proportioned bedrooms, two modern bathrooms, and spacious reception areas, all finished to a contemporary standard following a recent refurbishment. Neutral décor throughout allows for immediate occupation or letting with no onward works required.

To the rear, the property enjoys an enclosed outdoor space, ideal for family use or tenant appeal.
The home is offered freehold, adding long-term security for owner-occupiers and investors alike.

Investment Highlights
• Market rental value: £1,500 per calendar month
• Annual rental income: £18,000
• Gross yield: 7.2% based on £250,000 purchase price
• Strong demand for multi-bedroom rentals
• Excellent long-term investment potential

Key Features
• Four/Five bedrooms
• Two bathrooms
• Terraced house
• Freehold
• Recently renovated throughout
• Ideal for large families or HMO-style investment (subject to local regulations)
• Strong rental yield
• Close to local amenities, schools and transport links

This is a fantastic turnkey investment with immediate income potential, while also serving as a spacious family home in a well-connected location.

Early viewing highly recommended.