Summary - 4 PEMBROKE ROAD TORQUAY TQ1 1NR
4 bed 1 bath Block of Apartments
Four income-producing apartments with refurbishment upside near the town centre.
Fully let block producing £28,500 pa gross income
Guide price £200,000 — potential high gross yield
Central Ellacombe location, short walk to Market Street
Victorian period building with external wear and damp issues
Reported roof problems requiring inspection and repair
Only one bathroom recorded for the property — notable constraint
High local crime and very deprived area may limit rent growth
Sold at public auction; public notice/repossession — check legal pack
A freehold block of four self-contained units in central Torquay offered for sale by public auction. The building is fully let and currently produces a combined income of £28,500 per annum, providing a strong starting yield against the guide price. Its location in Ellacombe is a short walk from Market Street and Torquay town centre, supporting steady tenant demand and straightforward management.
The property requires active investment: the building shows signs of damp, external wear and reported roof issues, and interiors are dated in places. There is only one bathroom recorded for the property and some flats are compact; these are material concerns for longer-term re-letting and refurbishment plans. The area has high crime levels and is in a very deprived ward, which will affect tenant profiles and rental growth assumptions.
For an experienced investor or buy-to-let portfolio manager the block offers immediate income with clear upside through targeted refurbishment, consolidation of facilities and active management. Fast broadband and excellent mobile signal are practical positives for tenants. Note the sale is a public auction and the property is a public notice/repossession sale—buyers should review legal packs and budgets for repair and ongoing management before bidding.
Commercial property for sale in Auction Lot: Block of 4 x Investment Flats, Torquay, Devon, TQ1 — £200,000 • 1 bed • 1 bath
6 bedroom block of apartments for sale in 33 Queen Street, Torquay, Torbay, TQ1 1RQ, TQ1 — £190,000 • 6 bed • 1 bath • 1141 ft²
10 bedroom semi-detached house for sale in 51 Gestridge Road, Kingsteignton, Newton Abbot, Devon, TQ12 3EZ, TQ12 — £450,000 • 10 bed • 1 bath • 1523 ft²
2 bedroom block of apartments for sale in 67 and 67a Belgrave Road, Torquay, Devon, TQ2 5HZ, TQ2 — £150,000 • 2 bed • 2 bath
Block of apartments for sale in Auction Lot: 2 x Self-Contained Investments Flats, Torquay, Devon, TQ2 — £150,000 • 1 bed • 1 bath
3 bedroom flat for sale in Union Street, Torquay, Devon, TQ2 — £175,000 • 3 bed • 1 bath • 646 ft²
