£200,000

3 bed terraced house for sale
Warren Road, Torquay, Devon TQ2

    • 3 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: D

Freehold
Added on 09/01/2026

About this property

    “public notice”
    We advise that an offer has been made for the above property in the sum of £210,000
    Any persons wishing to raise objection can do so within 14 days of receiving the offer.
    Any persons wishing to increase on this offer should notify Miller Countrywide of their best offer prior to exchange of contracts.

    Freehold Block of 3 Self-Contained Flats – Warren Road, Torquay TQ2 5TQ – High-Yield Investment- Property includes a passageway and parking adjacent to the property.

    A highly attractive high-yield buy-to-let opportunity, this freehold block of three self-contained flats is offered at an extremely competitive level on Warren Road, Torquay, TQ2 5TQ, a proven and in-demand rental location.

    The accommodation comprises:
    • Two self-contained two-bedroom flats
    • One self-contained one-bedroom flat
    • Five bedrooms in total
    The property includes a passageway and parking adjacent to the property.

    Two flats are currently tenant occupied, producing immediate income.
    Current rental income:
    • Flat 2: £550/month
    • Flat 3: £450/month

    Estimated Rental Income
    Based on current local market demand:
    • Two-bedroom flats: £800–£900 pcm each
    • One-bedroom flat: £700–£750 pcm
    Estimated total monthly income: Approx. £2,350–£2,550 pcm
    Estimated total annual income: Approx. £28,200–£30,600 per annum
    Gross Yield (at £200,000 purchase price)
    • Approx. 14.1% – 15.3% gross yield
    (Figures are indicative and for guidance only. Buyers should undertake their own due diligence.)

    Key Investment Highlights

    • Freehold block of 3 self-contained flats- all D rated EPCs
    • 2 × two-bedroom units + 1 × one-bedroom unit
    • 5 bedrooms total
    • Exceptional double-digit gross yield
    • Strong tenant demand area
    • Scope to refurbish and further enhance returns
    • Ideal for buy-to-let investors, cash buyers, developers & portfolio landlords

    Location
    Warren Road benefits from close proximity to Torbay Hospital, transport links, local shops and Torquay town centre, making it consistently popular with professionals, key workers and long-term tenants. The TQ2 postcode remains one of the strongest-performing rental areas in Torbay.

    Investment Summary
    A rare opportunity to acquire a multi-unit freehold investment offering immediate income, and excellent gross yields rarely seen at this price point.

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    More information

    • Tenure

      Freehold

    • Council tax band

      A band has not yet been confirmed.

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