Summary - 23, MARKET STREET, TORQUAY TQ1 3AF
1 bed 1 bath Residential Development
**Standout Features:**
- Residential development site with planning permission for 2 x 1-bedroom dwellings.
- Central location in Torquay Town Centre, near amenities and transport links.
- Vacant possession, previously used for parking and storage—ready for immediate construction.
- Planning reference available on Torbay's Planning Portal (REF P/2023/0957).
**Concise Summary:**
This prime residential development site in the heart of Torquay offers investors and developers an exciting opportunity to create two contemporary one-bedroom dwellings. With planning permission already in place for a three-storey building, this level site is immediately ready for construction. Benefiting from the vibrancy of the town centre, it is flanked by essential amenities, schools, and excellent transport links, making it ideal for young professionals or couples looking for urban living.
While the overall plot size is small, its advantageous position on bustling Market Street suggests high rental potential and favorable market conditions. The property is being sold with vacant possession, eliminating any wait time before initiation. However, it's worth noting that the local crime rate is high, which prospective buyers should consider. This is a unique chance to invest in a market-ready development opportunity with significant future potential—don't miss out!
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