TQ2 5UW - 1 bed seaside studio bargain in Lucius Street, TQ2 5UW

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Studio flat for sale in Lucius Street, Torquay, TQ2

Summary - 23 Lucius Street TQ2 5UW

1 bed 1 bath Studio

Affordable entry to Torquay living close to the seafront and local shops.
Private entrance and self‑contained basement studio
Share of freehold — no service charge or ground rent
Short walk to seafront and local amenities
Very affordable purchase price and very low council tax
Small footprint ~302 sq ft; compact rooms and low ceilings in kitchen
Heating by electric room heaters; likely higher running costs
Older building with stone walls and assumed no insulation
Local area: very high crime and very deprived — affects resale/rental
Grab a rare entry‑level seaside flat in Torquay without ongoing service charges. This self‑contained basement studio has its own private entrance and a long 178‑year lease, making it a straightforward, low‑cost purchase for a first‑time buyer or buy‑to‑let investor. The compact, recently refreshed living space benefits from wooden flooring, a modern fireplace and a contemporary kitchenette — all within a short walk of the seafront and local amenities.

Affordability is the standout: no service charge or ground rent and very low council tax reduce monthly outgoings. The layout is efficient — lounge/bedroom, small kitchen, a separate study and shower room — suited to single occupancy or a couple. Double glazing is present, and broadband and mobile signals are strong for the area.

Buyers should be clear about the property’s limitations. The flat is a basement unit constructed before 1900 with granite or whinstone walls that likely lack cavity insulation; heating is by electric room heaters, which can be costly and slow to heat. Ceiling height in the kitchen is low, and the overall floor area is modest at about 302 sq ft. The neighbourhood records very high crime and is classified as very deprived, which may affect resale values and rental demand.

For anyone prioritising location and low holding costs, this is an economical route into Torquay living or a small rental purchase with refurbishment potential. A prudent buyer will budget for potential improvements to heating and insulation, verify the double glazing and electrical systems, and factor in local area considerations when assessing long‑term value.

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