Summary - FLAT 1, 42 MAGDALENE ROAD, TORQUAY TQ1 4AF
2 bed 1 bath Flat
Private courtyard, close to town and strong rental potential.
Ground-floor two-bedroom apartment, approximately 476 sq ft
A compact two-bedroom ground-floor apartment with a private courtyard garden, positioned a short walk from Torquay town centre and the seafront. The open-plan living/kitchen and two double bedrooms make practical use of the 476 sq ft, and recent double glazing plus a modern kitchen and shower room reduce immediate interior work.
The property is offered as a share of freehold and is presented as a ready-to-rent opportunity — estimated rental income around £850–£900 pcm — which will appeal to first-time buyers and buy-to-let investors. Excellent mobile signal and fast broadband suit remote working, while proximity to shops, schools and public transport adds convenience.
There are important negatives to note: heating is by electric storage heaters which can be costly, and the building’s granite walls are assumed uninsulated, so running costs may be higher than newer stock. The area is classified as very deprived and the local neighbourhood profile is largely constrained renters and migrant families, which may affect long-term capital growth and tenant profiles.
Flooding risk is recorded as medium; buyers should make specific enquiries and obtain insurance quotes. The building dates from before 1900 and, although presented well, may require ongoing maintenance associated with older properties. Overall this is a practical, low-maintenance central property with clear rental potential, best suited to buyers who prioritise location and immediate income over low running costs and long-term refurbishment.
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