Brunswick Terrace, Torquay, Devon Freehold : £100,000

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The property is located in the upper part of Brunswick Terrace, a quiet side road leading to the popular shopping area of Torre in Higher Union Street. Upton Road can be reached at the other end of Brunswick Terrace.

The rear of the property and the lower leasehold flat (which has already been sold) is approached from Magdalene Road.

This 4-storey mid terrace property was built we believe in the late 1800’s and has been divided into two some years ago. Although originally in the same family ownership the lower part has been sold off on a long ground lease.
We understand that the tenant of the upper floors succeeded their relations, who had been tenants since the 1930’s, in the 1980’s and pays a regulated registered rent of £214 per fortnight and also pays all utilities and council tax.

Please note – This is a protected regulated tenancy not an assured shorthold tenancy so vacant possession cannot be offered upon completion.

We are waiting for further details on the ground lease of the lower floors but understand that it was originally for a term of 999 years at a ground rent of £5 per annum together with a liability for payments of 50% of the building’s insurance and exterior repairs and maintenance.

Please see the floor plans below of the tenanted part.
We have not inspected nor will inspection be available of the lower floors that have already been sold.

We have not carried out any tests on the services and are therefore unable to comment on their condition or adequacy.

Each party to be responsible for their own legal costs incurred.

Strictly by prior appointment only. Casual callers will be refused access

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