Chain-free, compact one-bed flat near beach — ideal first-time buy or buy-to-let..
Heart of Torquay, 15-minute walk to beach and harbour
A compact one-bedroom first-floor flat in the heart of Torquay, just a 15-minute walk from the beach and harbour. The flat sits within a period building but has a modern fitted kitchen, contemporary shower room, double glazing and FTTP broadband — practical features for everyday living or a rental. The property is offered chain free with about 120 years remaining on the lease and a low annual service charge of £400.
This home suits a first-time buyer seeking an affordable town-centre base or an investor looking for a straightforward let; earlier information suggests potential for around a 9% gross yield. Practicalities include on-street parking with a sizable council car park nearby, excellent mobile reception and fast broadband, making the flat convenient for work and leisure.
Be clear about notable drawbacks: the flat is small (approx. 334 sq ft) and located in an area with very high crime rates and very high deprivation, which will affect long-term demand and resale values. Heating is electric (storage heaters/radiators) which may mean higher running costs. The lease is long and service charges are low, but there is a restriction preventing holiday letting. Buyers should verify suitability and running costs with their own advisers before purchase.
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