Compact chain-free flat with private roof deck and long lease — auction sale..
Chain-free two-bedroom first-floor flat with 979-year lease and share of freehold
Private roof deck added Summer 2024 plus Juliet balconies to front
Small internal size ~366 sq ft; best for compact living or rental use
Sold via Secure Sale online auction; terms and conditions apply
Very high local crime levels and very deprived wider area classification
Property described as dated; likely needs modernization and possible damp risk
Heating: electric storage heaters; main fuel electricity, and slow broadband
Service charge split three ways (33%); low Council Tax Band A
This compact two-bedroom first-floor apartment on Belgrave Road offers an affordable entry into Torquay with immediate rental or owner-occupier potential. Chain-free and sold via online Secure Sale auction, the flat benefits from a very long lease (979 years) and share of freehold, giving long-term tenure security. A newly fitted private roof deck (summer 2024) and Juliet balconies bring outdoor space and sea-proximity appeal despite the small internal footprint (approximately 366 sq ft).
The layout is straightforward: open-plan lounge/kitchen, two double bedrooms, and a bathroom. The property is best suited to first-time buyers or buy-to-let investors seeking a low-price lot with short-term let potential. Key running costs are low council tax (Band A), but heating is electric storage, and broadband speeds are slow — factors to consider for tenants or owner-occupiers.
Notable negatives are material to buyer decisions: the wider area is classified as very deprived with very high local crime levels, and the building fabric likely lacks insulation (timber-frame construction assumed). The interior is described as dated in places and may need modernization; buyers should budget for cosmetic or upgrade work. Service charges are split three ways (33%), and the sale is subject to online auction terms and conditions.
Overall, this is a value-focused purchase for someone prepared to accept small living space and local-area challenges in exchange for a long lease, outdoor space, and proximity to Torquay seafront and town centre. Clear-eyed buyers will see potential for rental income or future resale after modest improvements.