TQ1 1NR - 1 bed torquay investment block in Pembroke Road, TQ1 1NR

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Commercial property for sale in Auction Lot: Block of 4 x Investment Flats, Torquay, Devon, TQ1

Summary - 4 PEMBROKE ROAD TORQUAY TQ1 1NR

1 bed 1 bath Commercial Property

Four-flat freehold with immediate income and refurbishment upside.
Freehold mid-terrace block of four self-contained flats, fully let
A freehold mid-terrace converted to four self-contained flats, offered at public auction with a guide price of £200,000–£225,000. All units are currently let on assured shorthold tenancies producing a combined income of approximately £28,500 per annum, giving an attractive headline yield for active investors. EPC rating C and double glazing are recorded, with mains gas supplied via a community heating scheme.

The property sits close to Market Street and Torquay town centre, providing reliable tenant demand and convenient access to local amenities and transport. Accommodation is arranged over three storeys plus lower/entrance level, with a small rear garden and on-street parking. Constructed circa 1900–1929, the building retains period proportions but shows signs of dated internal finishes and general wear consistent with age.

This lot suits buyers seeking immediate rental income with scope for uplift through refurbishment, management optimisation or re-gearing tenancies. Note the location is in a very deprived area with high local crime statistics, which may affect letting strategy and insurance costs. The property will be sold by public auction on 11/12/25 and is offered subject to auction terms.

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