Torrington, Devon 5 bed end of terrace house for sale

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Torrington, Devon 5 bed end of terrace house for sale

Torrington, Devon
£300,000

Price History

Initial price £325,000
29/04/25 £300,000
Price Change -7.69%

Description

This substantial property, licensed as a house of multiple occupancy, offers a rare opportunity for a steady income. With five lettable rooms, including two with en-suite bathrooms, the property generates a gross return of 9.5% based on current yields. The rooms are let on an all-inclusive basis, with all bills paid, and the vendor has kept the property well-maintained, making it an easy transition for the next owner. The property features a communal sitting room, kitchen, and bathroom, as well as three additional rooms on the middle level and one on the second floor. The vendor has provided a breakdown of the monthly income for each room, ranging from £390 to £520, and the property is constructed of stone, brick, and render under a slate roof. With a new gas combi boiler installed in May 2022, the property is well-equipped to provide a comfortable living space for its occupants.