Two-bedroom mid-terraced home on Marldon Road, Torbay.

Going under the hammer is this superb opportunity to acquire this tenanted investment on Marldon Road, Torbay. The accommodation comprises a spacious lounge which is open into a dining space and then kitchen. On the first floor there are two spacious double bedrooms and bathroom suite. Externally the property has gardens to the front and rear. The property would benefit from a programme of modernisation. There is currently a long-term tenant in place paying £895 per calendar month and if purchase at the guide price would yield at 9.7%. To ensure you do not miss out on this superb opportunity early expression of interest is highly recommended. Council Tax Band B.

Tenure

Freehold

Area

Marldon Road is situated close to Paignton town and all its amenities. Being on the level and walking distance from the town centre and Paignton Beach.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Torbay Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.