TQ1 3HL - Mixed use property for sale in Torquay, TQ1

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Mixed use property for sale in Torquay, TQ1

Summary - Rear Of 121, St. Marychurch Road TQ1 3HL

1 bed 1 bath Mixed Use

**Standout Features:**
- Prime mixed-use property in a busy roadside location.
- Large two-bedroom apartment generating rental income of £750/month.
- Ground-floor retail unit occupied by an established hairdressing salon with a total current rental income of £19,200/year.
- Solid brick construction typical of properties built between 1930 and 1949.
- Close proximity to Lidl supermarket and a variety of local amenities.

**Property Summary:**
Investors and first-time buyers will appreciate this exceptional mixed-use property in the highly sought-after area of Torquay, TQ1. The ground floor features a retail unit currently leased to a well-established hair salon, ensuring steady foot traffic and a reliable income stream. Above, the generous two-bedroom apartment provides comfortable living space, ideal for tenants or owner-occupiers looking for a central location. The property is situated directly across from a busy Lidl supermarket, enhancing its visibility and accessibility.

While the apartment and salon offer great space and rental potential, prospective buyers should note aspects such as the average condition of the building, which may require some updates to maximize value. With an affordable price of £220,000, this property stands as a promising investment opportunity or an ideal home for those seeking convenience and community amenities. Don't miss out on this rare chance to own a versatile property in Torquay—schedule a viewing today to explore the potential this investment holds!

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