3 bedroom apartment for sale

This PERIOD TERRACED HOUSE stands in the popular district of Babbacombe, arranged as TWO SELF CONTAINED FLATS presenting an opportunity for those seeking an established rental investment which has been in our clients ownership for circa 28 years. Both flats provide spacious designs, with the ground floor affording a one bedroom layout, and the top floor two bedrooms. Both flats benefit from access to the rear courtyard garden which has been divided to provide private spaces for each flat.

The property stands a short saunter from the picturesque Downs with the shingle beaches of Oddicombe and Babbacombe below, accessed by either the winding wooded pathways or renowned Cliff Railway. The coastal fields of Walls Hill are equally accessible, perfect for the dog owner. A host of local amenities are on the doorstep including independent shops, Tesco Metro, Babbacombe Theatre and wide selection of pubs, restaurants and cafe's.

OWNER'S INSIGHT

"We bought the property through John Lake in 1998, and purchased as a long term investment. Babbacombe was a big attraction for us as we knew the location would always appeal to tenants for the lifestyle close to the Downs and beaches, which has always proven the case with a high level of occupancy. The time has now come to release the investment and enjoy our retirement."

GROUND FLOOR FLAT

From the communal entrance door and hall a private door opens to the SITTING ROOM with storage cupboards to the alcove and picture window to the front. INNER HALL with under stairs storage. The KITCHEN has recently been refurbished with a range of pale grey units and black granite effect work tops with inset sink unit. Electric cooker, spaced for dishwasher, washing machine and further under counter white good. Baxi gas fired boiler, wood effect flooring, window and obscure glazed door overlooking and opening to the courtyard garden. Walk-in larder with obscure glazed window DOUBLE BEDROOM with window overlooking the courtyard garden. Compact SHOWER ROOM with shower cubicle, wash basin and WC.

FIRST FLOOR FLAT

From the communal hall a private door opens to the hallway with stairs rising to the first floor flat. Landing with high level window and storage cupboard. SITTING ROOM with window to the front and feature tiled fireplace with inset gas fire. BEDROOM 1 is a double room with window to the rear and feature fireplace. BEDROOM 2 is a single room with window to the front. The KITCHEN is fitted with a range of units and work tops with inset sink. Space for electric cooker and under counter fridge, provision for washing machine and door to the external staircase leading to the courtyard garden. BATHROOM with white suite of panelled bath with Mira shower over, wash hand basin and WC. Recessed display shelving and obscure glazed window.

STEP OUTSIDE

The courtyard garden is concreted for ease of maintenance, loosely divided between the two flats with the ground floor flat having the lower section directly outside the property. The first floor flat has the top area of courtyard garden with external staircase leading down from the kitchen, with gated access to the rear service lane.

ADDITIONAL INFORMATION

TENURE - Freehold. HEATING - Gas central heating to both flats. EPC'S - Ground floor flat 'C:69'. Top floor flat 'D;66'. TENANCIES - We understand both flats are currently let on assured shorthold tenancy agreements with a combined income of £1,245 pcm / £14,940 per annum. (£595 pcm ground floor flat and £650 pcm top floor flat). PARKING - There is no private parking. Unrestricted on-street parking is available directly outside, subject to availability.

OUR AREA

Torquay is nestled on the warm South Devon coast being one of three towns along with Paignton and Brixham which form the natural east facing harbour of Torbay, sheltered from the English Channel. Torbay's wide selection of stunning beaches, picturesque coastline, mild climate and recreational facilities reinforce why it has rightfully earned the renowned nickname of the English Riviera.

TORQUAY IS WELL CONNECTED

By Train: Torquay Train Station has some direct lines to London Paddington and Birmingham and is just one stop from the main line Newton Abbot. By Air: Exeter Airport provides both UK and international flights. By Sea: Torquay Marina provides a safe haven for boats in all weathers, sheltered from the prevailing south-westerly winds. Regional Cities of Exeter & Plymouth approximately 22 miles and 32 miles respectively. Magnificent Dartmoor National park approximately 12 miles.

DIRECTIONS

SAT NAV - TQ1 3SX. WHAT3WORDS - navy.record.areas.

Garden

Courtyard garden.

Parking - On street

Unrestricted on-street parking directly outside, subject to availability.