6 bedroom terraced house

Ellacombe Church Road, Torquay TQ1 1LG

Size: 123 sqm

SSTC

£275,000

Size: 123 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent SSTC
Service charge SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

A 6 BEDROOM HMO PROPERTY IN THE BEAUTIFUL SEASIDE TOWN OF TORQUAY WITH AN INCREDIBLE NET YIELD OF 8.77%!! This is a fantastic investment opportunity, enquire today to avoid disappointment!!


This HMO property is incredibly well presented and comprises of 6 spacious double bedrooms, 3 of which have an en-suite, an impressive fitted kitchen which has ample cupboard and counter top space and even a small dining area and finally, a main bathroom which includes a toilet, sink and shower cubicle. This large end of terrace house is offered fully furnished and has a driveway parking space. When this property is fully tenanted, it brings an amazing NET yield of 8.77% and with its fantastic location alongside the quality of the rooms; there should be no trouble in keeping this property tenanted!

This property is located in the beautiful seaside town of Torquay in Devon and is no more than a 10 minute drive away from the surrounding coast and beaches. With Torquay’s town centre being only a 20 minute walk from this property, residents are in the perfect location to enjoy everything that this picturesque seaside town has to offer including; the stunning views from the English Riviera Wheel; numerous restaurants and bars including a top Michelin star restaurant; Sailing and boat trips; theatre shows and of course, relaxing by the beach or taking a walk along the coastal footpath! Torquay is also home to some of Devon’s best attractions such as the Living Coasts Marine Zoo and Aquarium, the 800 year old Torre Abbey, Babbacombe Model Village and the underground caves at Kents Cavern. There really is something for everyone in this popular British holiday resort!

There are currently regeneration plans for Torquay’s town centre, including a new 119 bed hotel, more housing and community buildings such as GP surgeries, a library and leisure facilities. These regeneration plans are bringing more jobs to the area and as these plans are completed, the housing prices and demand in Torquay and its surrounding areas are sure to rise, making now the perfect time to invest!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted for immediate income

Key features

6 bedroom HMO property

Key features

NET yield of 8.90%

Key features

Fully furnished

Key features

Fitted kitchen

Key features

3 en-suite bathrooms

Key features

Located in the seaside town of Torquay

Key features

Less than a 10 minute drive to the coast

Key features

Lots of amenities nearby

Key features

A 15 minute walk to Torquay's shopping centre

Key features

Freehold

A 6 BEDROOM HMO PROPERTY IN THE BEAUTIFUL SEASIDE TOWN OF TORQUAY WITH AN INCREDIBLE NET YIELD OF 8.77%!! This is a fantastic investment opportunity, enquire today to avoid disappointment!! More info...

This HMO property is incredibly well presented and comprises of 6 spacious double bedrooms, 3 of which have an en-suite, an impressive fitted kitchen which has ample cupboard and counter top space and even a small dining area and finally, a main bathroom which includes a toilet, sink and shower cubicle. This large end of terrace house is offered fully furnished and has a driveway parking space. When this property is fully tenanted, it brings an amazing NET yield of 8.77% and with its fantastic location alongside the quality of the rooms; there should be no trouble in keeping this property tenanted!

This property is located in the beautiful seaside town of Torquay in Devon and is no more than a 10 minute drive away from the surrounding coast and beaches. With Torquay’s town centre being only a 20 minute walk from this property, residents are in the perfect location to enjoy everything that this picturesque seaside town has to offer including; the stunning views from the English Riviera Wheel; numerous restaurants and bars including a top Michelin star restaurant; Sailing and boat trips; theatre shows and of course, relaxing by the beach or taking a walk along the coastal footpath! Torquay is also home to some of Devon’s best attractions such as the Living Coasts Marine Zoo and Aquarium, the 800 year old Torre Abbey, Babbacombe Model Village and the underground caves at Kents Cavern. There really is something for everyone in this popular British holiday resort!

There are currently regeneration plans for Torquay’s town centre, including a new 119 bed hotel, more housing and community buildings such as GP surgeries, a library and leisure facilities. These regeneration plans are bringing more jobs to the area and as these plans are completed, the housing prices and demand in Torquay and its surrounding areas are sure to rise, making now the perfect time to invest!

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop 6 bedroom HMO property
    Tick Desktop NET yield of 8.90%
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop 3 en-suite bathrooms
    Tick Desktop Located in the seaside town of Torquay
    Tick Desktop Less than a 10 minute drive to the coast
    Tick Desktop Lots of amenities nearby
    Tick Desktop A 15 minute walk to Torquay's shopping centre
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent SSTC
Service charge SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.