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See how verdicts work4-bedroom flat · TQ1 1RQ
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property in central Torquay is for sale and arranged as two separate two-bedroom maisonettes, offering a yield of approximately 10% and sold with tenants in situ – a setup that will particularly appeal to investors looking for an income-producing property from day one.
Current rent £1325pcm - Market value approx £1450pcm Apartment 1 provides two double bedrooms, a shower room, a kitchen with natural light, and a separate reception room with access to a terrace.
This outdoor space is a useful feature in such a central location, giving occupants somewhere to sit out or enjoy fresh air.
Apartment 2 also offers two double bedrooms, a shower room and a separate reception room, together with its kitchen, giving each apartment a clearly defined layout.
Located in Torquay town centre, the property sits close to a range of local amenities including shops, supermarkets, cafés and restaurants.
Torquay’s seafront, harbour and beaches are within easy reach, making the area attractive to tenants who value both convenience and leisure options. Public transport links are a key advantage.
Torquay Railway Station is accessible from the property and provides direct services to Exeter St Davids, typically in around 45–50 minutes, where onward connections run to London Paddington, Bristol and other major destinations.
Local bus services operate throughout Torquay and the wider Torbay area, giving straightforward access to nearby Paignton, Brixham and Newton Abbot.
The town offers a choice of primary and secondary schools, as well as further education at South Devon College in the wider Torbay area, which helps to support steady rental demand.
There are also several parks and green spaces around Torquay, together with the South West Coast Path, providing walking routes and coastal views popular with residents.
In summary, this maisonette presents two self-contained two-bedroom apartments, both already let, in a central Torquay location with public transport links and local amenities close by.
It is a for sale opportunity that stands out as a great investment for buyers focused on rental return and established tenancies.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. TRQ260109/2
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Queen Street, Torquay, Devon, TQ1
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