Chain-free, long-lease ground-floor flat with parking — ideal for first-time buyers willing to renovate..
- Chain free ground-floor two-bedroom apartment
- Allocated off-street parking space included
- Long lease: 964 years remaining
- Needs modernisation and cosmetic updating throughout
- Electric storage heating; higher running costs possible
- Service charge approx. £1,067.94 per year (final info pending)
- Lease restrictions include holiday home rental limitations
- Small overall size (~471 sq ft), compact room layout
A chain-free, ground-floor two-bedroom apartment in Newtake House offering an affordable entry into Torquay living. The flat includes an allocated parking space, long lease (964 years) and quick access to local amenities, a supermarket, public transport and Torbay Hospital — practical benefits for a first-time buyer or someone downsizing.
The accommodation is compact (approx. 471 sq ft) and arranged in a traditional layout: porch, hallway, separate kitchen, lounge, two bedrooms and a bathroom. Double glazing is already fitted and heating is by electric storage heaters; the property is functional but dated and will benefit from modernisation to realise its full potential.
Important practical points: the property is leasehold with a low ground rent (£10 p.a.) and an annual service charge around £1,067.94 (vendor states final maintenance figures are pending). There are lease restrictions including holiday home rental, which may limit short-term letting options.
This apartment suits buyers seeking an inexpensive, walkable location near services and healthcare who are comfortable carrying out cosmetic or more extensive updating. The setting offers neighbourly green aspects and allocated parking, but the unit’s small size and need for modernisation mean it’s best for those focused on practicality and value rather than immediate luxury.