- Three self-contained two-bedroom flats, currently rented
- Walking distance to Torquay town centre and seafront
- Immediate rental income; investment opportunity
- Limited outdoor space; small forecourt/one parking space
- Old double glazing and electric storage heating throughout
- Granite walls likely uninsulated; thermal upgrade recommended
- Very high local crime and high area deprivation
- Tenure unknown; legal/title checks required
A central Torquay block offered with three two-bedroom flats, currently let and producing immediate rental income. The building sits within easy walking distance of the town centre and seafront, offering strong tenant demand and good access to local amenities and transport.
The property is Victorian in origin with granite/whinstone walls and retains period proportions. It presents a clear refurbishment and rental-upgrade opportunity: double glazing is older (pre-2002), heating is via electric storage heaters, and the walls are assumed uninsulated — improvements could cut running costs and boost rents.
Buyers should note the material drawbacks plainly: the area records very high crime and very high deprivation, the property has limited outdoor space (small forecourt/drive only), and some cosmetic and thermal upgrades are likely needed. Tenure details are unknown and will need confirming before exchange.
For an investor prepared to manage refurbishment and tenant turnover, this town-centre site gives immediate cashflow with scope to improve value and rental yield. Alternatively, a consolidator could explore combining/altering the layout subject to planning and tenure confirmation.
