1-bedroom flat · TQ1 1PN
For saleReduced £5k (−4%) on 19 SepListed 153 days
Opportunity summary
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About
Description A 1 bedroom ground floor apartment full of character and charm, ideally located within walking distance of the popular area of Wellswood and Torquay Harbour.
The property benefits from allocated parking to the front and a communal entrance. Entering the apartment, the hallway offers useful storage cupboards and leads through to the bright lounge/diner.
This spacious room features a bay window allowing plenty of natural light, along with high ceilings, picture rails, dado rails and a large storage cupboard.
Sliding doors open into the kitchen, which is fitted with a range of wall and base units and has space for a freestanding cooker, fridge/freezer and washing machine.
The bedroom is a generous double room with high ceilings and picture rails, continuing the character feel throughout the property.
Completing the accommodation is a well-presented wet room comprising a shower, low level WC and wash hand basin.
Old Torwood Road is situated in a quiet area of Torquay, conveniently located within walking distance of Torquay Harbour and the seafront with a range of shops, cafés and restaurants.
The area offers a peaceful setting while still being close to local amenities and transport links. The property further benefits from double glazing throughout.
Council Tax Band: A (Torbay Council) Tenure: Share of Freehold (163 years) Ground Rent: £0 per year Service Charge: £3,100 per year Please note in relation to pets the lease states: Not to keep or permit to be kept on the demise premises any pet or animal without the prior consent of the Lessor.
Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Flat 1, Glenallon, Torquay
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