Summary -
11, Victoria Road,TORQUAY,TQ1 1HU
TQ1 1HU
3 bed 2 bath Block of Apartments
Income-producing two-flat block in central Torquay with immediate rental returns..
Freehold two-flat portfolio, total approx. 1,238 sq ft
Annual gross income £14,640; tenants in situ
Estimated gross yield ≈ 7.7% at £190,000 purchase price
Town-centre location with fast broadband and transport links
Modest rear garden; average-sized Victorian terrace
Very deprived area with high local crime — investment risk
Buyer’s Premium applies on purchase to secure the sale
Suitable for investors/developers; likely management requirements
A compact portfolio of two self-contained flats within a Victorian terraced building on Victoria Road, Torquay, is being offered freehold. The two-let block totals approximately 1,238 sq ft, arranged as three bedrooms and two bathrooms across the units. It currently produces an annual gross rent of £14,640 — around a 7.7% gross yield at the £190,000 asking price — and comes with tenants in situ, making it immediately income-producing for investors.
The location is town-centre, close to transport links, shops and local schools, with fast broadband and excellent mobile signal. The building presents typical period features externally and offers modest rear garden space. As a clustered layout of flats in a terrace, street parking is available and the property appears average-sized for urban terraced housing.
Buyers should be aware of material considerations: the surrounding area is recorded as very deprived with high local crime levels, factors that can influence tenant demand, management costs and capital growth. A Buyer’s Premium will apply on sale to secure the property. For full income, tenancy and expenditure details, see the Let Property Pack supplied with this listing.
This portfolio suits investors or developers seeking an immediately let, small multi-unit asset in Torquay. It offers steady rental return today but requires purchasers to accept the local socio-economic challenges and any ongoing management or refurbishment needs that come with investing in constrained rental markets.
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