Freehold residential investment comprising 1 x 1 bedroom ground

The flats will be sold fully furnished and have previously been successfully let on a short term basis to professionals. The first-floor flat is registered for business rates as a holiday let with a rateable value of £1,875 and has a sea view. The premises are currently business rates exempt. If let on an Assured Shorthold Tenancy we would anticipate £700 per calendar month per flat (£16,800 per annum).
The property is located in the popular Belgrave Road area in the sought-after tourist resort of Torquay and is a short distance from the seafront and Town Centre.