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About this property

Ideal Investment Opportunity-- Being sold with a tenant in situ!

Offered exclusively to investors, this well-presented one bedroom property, providing immediate and steady rental income.

Inside, the property features a bright open plan living/kitchen space, a modern shower room, and a good-sized bedroom. The décor throughout is light and neutral, offering easy ongoing maintenance and broad tenant appeal.

Externally, residents benefit from communal gardens, providing shared outdoor space. Parking is on street only, with no allocated or private parking available.

The property is held on a long 118year remaining lease and includes a service charge of £1,892 per annum, making it a straightforward and manageable investment with predictable costs.

A great opportunity to expand your rental portfolio with a low maintenance, income producing asset already occupied by a reliable tenant.

Key information

Council Tax Band: B

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 116 years
  • Annual service charge: £1,892
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    St Marychurch Road, Torquay, Devon, TQ1 1 flat
    £
    £
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    * Estimated monthly repayment: £...

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    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    †The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Torquay
    109 Union Street
    Torquay
    Devon
    TQ1 3DW
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Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.

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Sales: Miller is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
Lettings: Miller is a trading name of Countrywide Residential Lettings Limited, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

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