Summary - 76 Avenue Road TQ2 5LF
6 bed 3 bath Block of Apartments
Chain-free three-flat project close to Torquay seafront with strong uplift potential.
Three self-contained two-bedroom flats in one freehold block
Requires complete renovation throughout; significant refurbishment costs likely
Chain free sale, suitable for investors or experienced developers
Private driveway providing off-street parking; rear courtyard space
Medium flood risk — insurance and mitigation costs possible
Total area about 1,703 sq ft; six bedrooms and three bathrooms overall
Fast broadband and excellent mobile signal; near Torquay seafront
Local area classed as deprived; consider demand seasonality and tenancy risk
This freehold block of three self-contained two-bedroom flats occupies a convenient spot on Avenue Road, a short walk from Torquay seafront. Offered chain free, the building includes an off-street driveway and a rear courtyard, giving practical outdoor space and clear scope for reconfiguration or enhancement to boost rental or resale value.
The property is a substantial renovation project throughout and will suit experienced investors or developers. All three flats need complete refurbishment — mechanical, electrical, cosmetic and potentially structural works should be assumed — which presents scope to add significant value but will require an immediate capital commitment.
Location strengths include proximity to the seafront, fast broadband and excellent mobile signal, plus several well-regarded secondary schools nearby, including two grammar schools. Financially attractive for buy-to-let or holiday-let models, the block’s size and layout allow for letting flexibility across short and long-term markets.
Important considerations: the property falls in a medium flood-risk area and is in a generally deprived local ward, which may affect insurance costs, borrowing terms and lettings in parts of the year. Buyers should commission full surveys, obtain costed refurbishment quotes and check any planning or consent requirements before committing.
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