Torquay BTL Opportunity

TORQUAY BTL OPPORTUNITY – 23% BMV
Freehold Maisonette – Vacant Possession

Torquay, TQ1 3AU

- 1-Bed Maisonette | Freehold
- Approx. 54sqm / 582 sq ft
- Private Garden
- Driveway
- Vacant Upon Completion

- Purchase Price: £100,000
- Estimated Market Value: £130,000
- Zoopla Valuation: £148,000
- Approx. 23.1% Below Estimated Market Value
- Approx. 32.4% Below Zoopla Valuation
- Total Investment Required: £110,000
- Estimated Rental Income: £695pcm
- Gross Yield: 6.42%
- ROI / ROCE: 20.3%
- Net Yield: 2.05%

- Estimated Monthly Profit: £222.12
- Estimated Annual Profit: £2,665.50

Refinance Example:
- Estimated Market Value: £130,000
- Locked-In Equity: £32,500
- Money Left In: £13,100
- Estimated Mortgage Payment: £398.13pcm

Comparable Sale Nearby:
- 253 Babbacombe Road, Torquay, TQ1 3SZ – Sold £135,000

Key Selling Points:
- Vacant possession upon completion
- Freehold maisonette – standard construction
- Zoopla valuation of £148,000
- Private garden and dedicated driveway
- Spacious living/dining room and separate kitchen
- Bus and train links nearby
- Local amenities within walking distance
- Huge choice of beaches within a 15-minute drive
- Strong coastal buy-to-let opportunity
- Cash buyers or fast finance only. Searches to be indemnified.

DM if interested before it's gone.