Summary - Flat 2, 39 South Street TQ2 5AJ
1 bed 1 bath Flat
Low-cost investment in a central Torquay location ready for refurbishment.
Chain-free freehold one-bedroom first-floor flat
A chain-free, freehold one-bedroom first-floor flat in a Victorian terrace on South Street, Torquay. The compact 355 sq ft layout includes a generous double bedroom, living room, small modern-style kitchen, and shower room. The property is offered vacant and ready for straightforward occupation or lettings, with excellent mobile signal and fast broadband aiding rental appeal.
The building is period stone with internal insulation and double glazing; heating is by electric storage heaters and the main fuel is electricity (no communal system). The flat needs general modernisation and is best suited to an investor prepared to refurbish for the local rental market or a first-time buyer seeking a low-entry freehold. No flood risk is recorded.
Important location considerations: the area is in a very deprived ward with very high crime and a transitional Eastern European neighbourhood classification, and the local market is dominated by constrained renters. These factors affect tenant profiles and yield expectations. Several nearby schools have good ratings, but one primary is rated Inadequate.
Overall this is a low-cost, low-footprint freehold purchase that offers refurbishment potential and immediate letting or resale possibilities for buyers comfortable working in an area with social challenges. Buyers should allow budget for upgrades and consider security measures given local crime statistics.
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