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.

Important Information for Purchasers:

In accordance with UK regulatory requirements, should your offer be accepted, all prospective purchasers will be required to provide satisfactory proof of identity and address before the sale can be formally progressed.

A fee of £80.00 (inclusive of VAT) is payable at this stage to cover the cost of the necessary identity verification and Anti-Money Laundering (aml) checks.

Please note that once payment has been received and the verification checks have been completed, this fee is non-refundable, irrespective of whether the property purchase subsequently proceeds to completion.