Studio flat for sale

In need of some refurbishment and an Ideal purchase for buy to let investment or first time buyer is this first floor studio apartment situated close to the town centre and sea front which is accessed through a secure communal entrance.The apartment is situated at the rear of the building away from the road and consists of a spacious open plan lounge / kitchen / bedroom and shower room.The property is currently rented for 5400 per annum, is within walking distance of the town centre.The property comprises of;APPROACHAccessed through a secure communal entrance into enclosed communal hallway and stairs leading to the door providing as access to the flatLIVING / BEDROOM / KITCHEN1810 x 145 (5.74m x 4.39m)Large open plan bed/sitting room/kitchen with UPVC double glazed window overlooking the rear aspect, corner kitchen area with a range of wall and base units, stainless steel sink and drainer with mixer tap and space for cooker and fridge freezer and a door leading to:SHOWER ROOM710 x 41 (2.39m x 1.24m)Fitted shower room with square shower enclosure with electric shower, pedestal washi hand basin and low level cistern and pan.TENANCY INFORMATIONCurrently tenanted to a long term tenant at a monthly rent of 450 pcm or 5400 per annum.To discuss the tenancy or for information on management of the tenancy, please contact the agent.Material Information:PROPERTY TYPE:First Floor FlatCONSTRUCTION:Standard ConstructionSOURCE OF HEATING:ElectricSOURCE OF ELECTRIC SUPPLY:MainsSOURCE OF WATER SUPPY:MainsSEWERAGE:MainsBROADBAND CONNECTION:Copper CableMOBILE SIGNAL/COVERAGE:Likely to have good coverage (Ofcom)PARKING:NoneBUILDING SAFETY ISSUES :None knownRIGHTS & RESTRICTIONS:None knownFLOOD & EROSION RISK:None KnownPLANNING PERMISSION / DEVELOPMENT PROPOSALS:None KnownViewings by appointment only - please call 01803 295291 to register your interest.Torbay Property Management is a Local, Independent Lettings & Sales Agent established in Torbay for over 23 years with a low selling fee of just 1.2% inc VAT!For a FREE, NO OBLIGATION VALUATION or for more information on our services call today!Disclaimer: These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed. They do not constitute part or all of an offer or contract. The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy. We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition. Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors. Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents. In order to make sure there is no delay in agreeing a sale, we would ask for co-operation.