Summary - 21 LUCIUS STREET TORQUAY TQ2 5UW
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use investment property in a bustling location
- Fully tenanted, generating £2,400 per month (£28,800 annually)
- Ground floor commercial unit currently leased to a beauty business at £800 per month
- Spacious 4-bedroom flat, generating £1,300 per month
- Vacant basement with independent street access; potential for rental or personal use
- Corner plot situated in a vibrant shopping parade near the town center and seafront
**Potential Downsides:**
- Located in an area with very high crime rates
- Property condition details unclear, some spaces in renovation
This exceptional mixed-use investment opportunity at 21 Lucius Street in Torquay offers both immediate rental income and long-term growth potential. Featuring a well-established commercial unit currently leased to a beauty business, along with a generously sized 4-bedroom flat occupied by tenants, this property generates consistent revenue with opportunities for future improvement. The versatile basement, with its own access, could serve as additional rental space or personal storage.
Ideal for first-time buyers or seasoned investors, the property's bustling edge-of-town location ensures easy access to local amenities and infrastructure, appealing to residents and businesses alike. While concerns regarding crime rates may be present, its burgeoning rental market indicates significant demand for residential and commercial spaces in this area. Envision the possibilities of this unique property—invest today and capitalize on the vibrant community surrounding it before it's too late!
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