Summary - 48, THE TERRACE TQ1 1DE
1 bed 1 bath Residential Development
**Key Features:**
- Prime residential development opportunity in The Terrace, Torquay
- Planning permission granted for 5 x apartments
- Option to acquire an adjoining address (No 50) for an additional 7 x apartments
- Spectacular sea views
- A short walk to the harbor, marina, and main shopping precinct
- Freehold tenure
- Mains services connected (gas, electricity, water, broadband, drainage)
**Summary:**
Explore this exceptional investment opportunity in the heart of Torquay. Nestled in a desirable location off The Terrace, this freehold residential development boasts planning permission for converting the existing structure into 5 stylish apartments, with the potential to expand further by acquiring the adjacent property for 7 additional units.
The property offers stunning sea views and is conveniently situated just a short stroll from the picturesque marina, Torquay's vibrant harbor, and an array of shopping and dining options—all elements that contribute to the area's popularity as a year-round coastal destination. With local amenities, excellent transport links, and good-rated schools nearby, this site is ideal for development, whether you're a seasoned investor or looking to capitalize on the area's strong rental potential.
While the structure has some dated features and may require renovation to enhance its appeal, the location and planning permissions significantly uplift its value and potential. Don't miss out on this rare chance to secure a prime piece of real estate in one of the UK's most sought-after coastal towns. Early viewings are recommended; seize this opportunity to shape your vision in a community that flourishes with growth and opportunity.
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