1 bedroom flat for sale

This is one of two flats being offered for sale to a cash buyer/ investor with long term, stable tenants in situ. The current rental is ?390 per month although this is subject to an ongoing review. The remaining three units in the flat are owner occupied. The block is run and managed by Laburnum House Management Company (Torquay) Limited, and this company is offered for sale at a nominal cost if both units are purchased together. Being located directly opposite the new Riviera Development, this Victorian Building was converted in 2006 by the present owner. The building is in good order with no obvious repair evident. Set in Torre, with close local amenities and only 10 minutes from the sea front, this property has much appeal to the rental market. Access to Exeter is good, Torquay train station being 5 minutes' walk or so and the Devon Highway being accessible within minutes' drive by carGROUND FLOOR ACCOMMODATION:ENTRANCE HALWAY: Solid wooden fireproof door with spy hole and security locks, carpeted flooring, wall mounted intercom, fire & smoke alarm, and doors leading toFRONT RECEPTION ROOM: 2.62m x 2.50m UPVC double-glazed window, brown carpets, radiator, pendant light fittingKITCHEN: 1.94m x 1.57m Open plan access from front reception room integral electric oven & hob, black granite effect work tops with maple base and wall units, inset stainless single drainer, laminate flooringSHOWER ROOM: Corner Shower Cubicle with sliding door, wall mounted electric shower with riser rail. Fully tiled walls inside. Two-piece white bathroom suite, white low level dual flush toilet and wall mounted washbasin. Radiator, Extractor fan. Black slate tile vinyl flooring.BEDROOM 1:3.35m x 2.98m Beige carpet flooring, UPVC double-glazed window, Single electric powered Radiator. SERVICES:Connected to: mains water & sewage, heating by means electric storage and panel heaters. Council Tax 20/21 - BAND A ?1201 payable- with SPD ?900)Tenure Leasehold 999 years from 2006.Maintenance ?125 per quarterGround rent ?50 per annum.Pets at freeholders' discretionHallway Solid wooden fireproof door with spy hole and security locks, carpeted flooring, wall mounted intercom, fire & smoke alarm, and doors leading toLounge 2.62m x 2.50mUPVC double-glazed window, brown carpets, radiator, pendant light fittingKitchen 1.94m x 1.57mOpen plan access from front reception room integral electric oven & hob, black granite effect work tops with maple base and wall units, inset stainless single drainer, laminate flooringBedroom 3.35m x 2.98mBeige carpet flooring, UPVC double-glazed window, Single electric powered Radiator.Shower room Corner Shower Cubicle with sliding door, wall mounted electric shower with riser rail. Fully tiled walls inside. Two-piece white bathroom suite, white low level dual flush toilet and wall mounted washbasin. Radiator, Extractor fan. Black slate tile vinyl flooring.