Summary - 48, THE TERRACE TQ1 1DE
1 bed 1 bath Residential Development
**Standout Features:**
- **Development Potential:** Granted planning permission for conversion into 12 residential apartments.
- **Prime Location:** Outstanding sea views, located close to Torquay's town centre and picturesque harbor.
- **Access to Amenities:** Within a short walking distance to shops, dining, and recreational facilities.
- **Historical Character:** Georgian-style building with high ceilings and sizeable rooms.
**Concerns:**
- **Investment Condition:** Office space is dated and may require significant renovation.
- **High Crime Area:** Buyers should consider local crime rates.
Nestled in the heart of Torquay, this residential development opportunity at 48-50 The Terrace offers a rare chance to invest in a prime coastal location. With planning permission already granted for 12 apartments, this property boasts breathtaking sea views and a desirable proximity to the vibrant town centre and marina. The Georgian-style facade adds historical charm, featuring high ceilings and spacious rooms that promise unique character and comfort for future residents.
Potential buyers should act quickly, as opportunities of this nature are rare in such a popular holiday destination. While the office space may require modernization, the substantial plot size allows for flexibility in renovations or extensions, making it an ideal opportunity for investors looking to capitalize on Torquay's thriving rental market. This location not only provides a solid investment avenue but also stands as a gateway to the scenic beauty and dynamic lifestyle that Torquay has to offer. Don't miss out on this chance to shape the property into a modern development while enjoying the coastal living experience!
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