House For Sale
£145,000
Princes Road East, Ellacombe, Torquay
Description
This TWO BEDROOM MAISONETTE is ideal if you are a FIRST-TIME BUYER or are intending to use the property as an INVESTMENT to generate rental income. It is conveniently located close to Torquay town centre which has a variety of shops and amenities, as well as local schools. CHAIN FREE.
This is an ideal property for a first-time buyer or investor. It offers a 50% share of freehold, with a maintenance charge on an "as and when" basis. There is no onward chain for the sale of this property. The property could earn a monthly rental income of £750, earning a 6% yield.
Council Tax Band: A (Torbay Council)
Tenure: Leasehold (983 years)
50% share of freehold, 50% share of maintenance costs as and when incurred. There are 999 years remaining on the lease from 23 February 2007.