Two-bed first-floor flat near the promenade — auction sale, needs cosmetic work and patio fit-out..
- Chain-free first-floor flat, immediate exchange possible
- Short walk to seafront, town centre and local amenities
- Private decked roof patio (requires fitting/outfitting)
- Compact overall size: c. 366 sq ft, small rooms
- Share of freehold permits sublets and holiday lets
- EPC D; period granite walls likely lack insulation
- Sold at auction: 5% non-refundable deposit, reservation fee
- Area: very deprived with very high local crime rates
A compact two-bedroom first-floor flat presented as a low-cost entry or buy-to-let near Torquay seafront. The property is chain-free and sold via online auction, offering quick exchange options for buyers prepared for the auction process. Its position within walking distance of the promenade, town centre and local amenities is a genuine location advantage.
The layout includes an open-plan lounge/kitchen, two double bedrooms and a bathroom. Both bedrooms have French doors; one leads to a Juliet balcony and the other to a private roof decked patio that will need fitting-out. Gas central heating, double glazing and a share of freehold (permitting subletting and holiday lets) add practical value for investors.
Material points to note: the flat is small (c. 366 sq ft) and would benefit from cosmetic updating; room sizes are modest. The area is described as very deprived with very high local crime rates, which will affect rental demand and resale expectations. EPC is D and walls are likely uninsulated (period granite construction), so running costs and improvement work should be factored in.
This lot is sold at auction with conditional fees and purchase costs: a non-refundable 5% exchange deposit, plus a reservation fee (up to 6% inc. VAT, minimum £6,000). Buyers should review the legal pack, budget for refurbishment and be comfortable with auction terms before bidding. Suited to experienced investors seeking a coastal rental or a cash-ready buyer wanting a compact starter home close to the sea.
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