2 bed flat for sale

Waterloo Road, Torquay, Devon TQ1

An excellent investment opportunity to acquire a ground floor two-bedroom leasehold apartment, offered with tenants in situ and generating a strong yield of approximately 9%.

Situated within a convenient and well-connected location in
Torquay, this property provides immediate income for investors looking for a ready-made addition to their portfolio. The apartment is currently tenanted, ensuring a seamless purchase with rental income from day one.

The accommodation is well-proportioned, comprising a spacious living area with good natural light, a fitted kitchen, a comfortable double bedroom, and a bathroom. Being positioned on the ground floor, the property also benefits from easy access and practical day-to-day living.

Externally, the building is well-established and ideally located within close proximity to local amenities, public transport links and Torquay town centre, making it a consistently convenient option for tenants.

The property is held on a lease with just under 100 years remaining, further enhancing its appeal as a long-term investment.

This is a superb opportunity for investors seeking a property with strong returns, stable tenancy, and excellent potential within a coastal location.