Summary - ABBEY COURT, 63, ABBEY ROAD TQ2 5NN
1 bed 1 bath Flat
Budget auction opportunity near Torquay harbour for buyers prepared to renovate.
Guide price £35,000+; sale by auction with buyer fees payable
For buyers wanting a low-entry rental or renovation project, this lower-ground one-bedroom in Abbey Court is a budget-priced auction opportunity. Offered with a guide price of £35,000+ plus fees and a sale at auction, the property requires comprehensive improvement and is best suited to investors or hands-on purchasers prepared to renovate.
The accommodation is compact (approximately 347 sq ft) and includes an open-plan kitchen/living room, one bedroom, shower room/WC and a small courtyard accessed from the living area. The building is Victorian-era, with double glazing added after 2002 and electric storage heating. The flat sits close to Torquay town centre and the harbourside, offering convenient access to shops, leisure and transport links.
Significant defects are present: the lower-ground position shows signs of damp and basement mould, some rooms have low ceilings, and the property will need cosmetic and likely structural attention. There is medium flood risk for the area and local crime levels are very high, factors that will affect insurance, management and lettability. The lease has around 88 years remaining (remainder of a 125-year lease from 1990), and the purchase will be subject to auction conditions and additional buyer fees.
This is a clear project for an investor seeking a low-cost entry into Torquay's rental market or a buyer prepared to carry out repairs and modernisation. Conduct pre-auction legal checks, budget for remedial works and factor ongoing risks (crime, flood exposure, and lower-ground damp) before bidding.
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