Torwood Gardens Road, Torquay £650,000

• FOUR APARTMENTS IN ONE LARGE BUILDING
• CLOSE TO TORWOOD GARDENS
• PARKING FOR EACH APARTMENT
• THREE APARTMENTS WITH GARDENS
• CHAIN FREE
• SOLD AS A GOING CONCERN
• ALL TWO BEDROOMS

Inglewood House is a well-maintained period property in a prime central Torquay location, just a short walk from the marina, town centre, and some of South Devon’s most attractive coastal landmarks. Arranged over two floors, the building comprises four spacious, self-contained flats. Each apartment offers a well-proportioned layout with separate kitchens, bathrooms, living rooms, and two bedrooms, making them particularly appealing to long-term tenants seeking comfortable, practical living in a sought-after area.

On the ground floor, the left-hand flat includes two generously sized bedrooms, a spacious living room measuring over 15 feet by 17 feet, a modern kitchen, and a smartly presented bathroom. It is currently let at £795 per calendar month. The neighbouring flat on the right side also features two double bedrooms, a large living room with excellent natural light, a separate kitchen, and a well-fitted bathroom—an ideal layout for sharers or a small family. This unit is let at £900 per calendar month.

Upstairs, the first-floor flat in the left wing benefits from two double bedrooms, a bright living room with an attractive feature window, a modern kitchen, and a stylish bathroom. The space enjoys great natural light and a sense of character throughout. This apartment is let at £950 per calendar month. The fourth and final flat, located in the quieter rear portion of the building, includes two well-sized bedrooms, a generous living room, separate kitchen, bathroom, and hallway. It is currently let at £875 per calendar month.

Together, the property produces a gross monthly rental income of £3,520, amounting to £42,240 per annum. This reflects a gross yield of approximately 6.5%, making it a strong turnkey investment with immediate income and stable occupancy.

The location, set within the desirable TQ1 postcode, adds further appeal. Torwood Gardens is directly opposite, providing a peaceful green outlook, while Torquay’s vibrant harbour and marina are just a short stroll away, offering a choice of waterfront cafés, restaurants, and shops. The scenic Meadfoot Beach, awarded Blue Flag status, is nearby, as are the cultural attractions of Princess Theatre and Abbey Sands. Torquay town centre is within easy walking distance, offering a full range of amenities including supermarkets, high street retailers, and local services. The area is well connected, with Torquay train station and the South Devon Expressway (A380) providing efficient links to Exeter, Newton Abbot, and beyond.

Offered as a freehold with each flat on separate utilities and benefitting from private parking, Inglewood House represents a rare opportunity to acquire a fully let, high-yielding investment in one of the English Riviera’s most enduringly popular coastal towns. Early viewing is highly recommended to appreciate the scope and strength of this opportunity.