Initial price	£850,000
21/04/24	£750,000
Price Change	-11.76%

The property description details a collection of apartments located in a popular residential area of Torquay, with good access to local shops, high street, and harbor. The apartments were converted from a single building in the 1980s and offer a mix of studio, one, and two-bedroom units with their own kitchens and shower rooms. The property has a total of 10 apartments, with tenants already in place, generating an immediate income of around £69,000 per year. The apartments benefit from far-reaching views and are located within walking distance of Torquay's beaches and Dartmoor National Park. The property is being marketed as a rental investment purchase, with the opportunity to take over an existing property portfolio and generate income.