TQ1 4PZ - 1 bed st marychurch investment in Torbay, TQ1 4PZ

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Mixed use property for sale in Torquay, TQ1

Summary - 83 Fore Street,St Marychurch,Torquay,TQ1 4PY TQ1 4PZ

1 bed 1 bath Mixed Use

Prominent corner asset with immediate income and ready-to-let flat.
Freehold mixed-use building with commercial and residential parts
Commercial unit currently let at £950 pcm until October 2025
Recently renovated flat is vacant and ready to occupy or relet
Approx. 1,593 sq ft total gross internal area (large overall size)
Corner position on Fore Street with strong pedestrian visibility
Area classed as very deprived — may affect long-term rental demand
Small plot size; limited external space and redevelopment room
Conflicting bedroom data: descriptions say 3 beds, structured data lists 1 bed
This freehold mixed-use building sits on Fore Street in St Marychurch, combining ground-floor commercial space with an upper self-contained flat. The commercial unit is currently let at £950 pcm until October 2025, providing immediate income, while the recently renovated flat is vacant and ready for occupation or re-letting. The property’s large overall size (approx. 1,593 sq ft) and prominent corner position offer strong visibility and flexibility for a range of businesses or continued owner-landlord use.

The flat is described as recently renovated and in good condition, offering a straightforward lettable unit or immediate owner occupation. The ground-floor salon benefits from large windows and strong footfall in a desirable local precinct, supporting steady customer traffic. Being freehold removes leasehold complications and increases control over future changes and income management.

Buyers should note some material considerations. The broader area is classified as very deprived and ageing urban communities, which can affect long-term rental yields and tenant demand; local retail strength relies on independent traders rather than major multiples. The commercial lease expires in October 2025, so income beyond that date is not secured. Also, there is conflicting bedroom data in the supplied information (descriptions state a three-bedroom flat but structured data lists one bedroom); prospective purchasers must verify the flat’s actual bedroom count and layout before exchange.

This asset suits investors seeking a town-centre income property with immediate returns, or an owner-operator wanting a ground-floor business with living accommodation above. Its size and corner location also create refurbishment or reconfiguration potential, subject to checks and market conditions.

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