3-bedroom flat · TQ1 2ND
Sold STCReduced £10k (−6.3%) on 28 SepListed 89 days
Opportunity summary
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About
Guide price £160,000 - £170,000 Occupying a sought-after position within the prestigious Lincombes, this beautifully presented three-bedroom apartment enjoys an enviable setting in one of Torquay's most desirable residential locations.
Renowned for its tree-lined roads, elegant homes, and elevated position, The Lincombes offers a peaceful environment whilst remaining within easy reach of Torquay Harbour, the town centre, and an array of coastal walks.
Finished to a high contemporary standard throughout, the apartment is ready for immediate occupation.
Stylish flooring flows through the accommodation, complemented by a modern fitted kitchen and a beautifully appointed bathroom, creating a bright and sophisticated living space.
The generous open-plan living and dining room provides the perfect setting for both everyday living and entertaining, with direct access to a private balcony where you can unwind and enjoy the pleasant surroundings.
There are three well-proportioned bedrooms, offering versatile accommodation to suit a variety of lifestyles, whether as a permanent residence, family home, or lock-up-and-leave coastal retreat.
Perfectly positioned to take advantage of everything the English Riviera has to offer, the property is just moments from an excellent selection of independent shops, cafés, restaurants, and the picturesque waterfront, making it an exceptional opportunity to enjoy coastal living in one of Torquay's most highly regarded locations.
Early viewing is highly recommended to fully appreciate the quality, location, and lifestyle this impressive apartment has to offer.
Gas central heating and hot water are supplied through a communal boiler with monitored usage.
We understand quarterly charges of £350 toward heating and £100 toward water are used as approximate costs, with credit or debit generated upon periodic calculation.
Service charge - £631.16 per quarter. Total cost per quarter: Circa £1,081.16.
Total per year £4,829.76 length of lease - 210 years from 1/1/1978 council tax band - C (Torbay Council) Entrance Hall Entered via a private front door on the third floor, accessible by both lift and stairs from the communal entrance, the welcoming hallway provides a generous first impression.
Offering ample space for coats and shoes, it also benefits from two useful storage cupboards, helping to keep the living accommodation clutter-free.
Kitchen Beautifully fitted with a range of pale grey shaker-style wall and base units complemented by low-profile quartz work surfaces, the kitchen combines style with practicality.
Features include an inset sink with a hot water Butler tap, an integrated oven with matching microwave above, and a four-ring ceramic hob with a contemporary glass canopy extractor hood.
There is space and plumbing for a washing machine, along with room for an American-style fridge/freezer.
A window frames attractive far-reaching views across the surrounding area towards the wooded slopes of the Warberries, with Dartmoor visible on the horizon.
Living/Dining Room A wonderfully bright and spacious reception room, ideal for both relaxing and entertaining.
Virtually full-width patio doors flood the room with natural light and open directly onto the private balcony, creating a seamless connection with the outdoors.
From here, there are pleasant views down Ridgeway Road towards the sea, while an additional side window further enhances the light and outlook.
Bedroom One A generous principal double bedroom enjoying an abundance of natural light from two windows.
The room is further enhanced by twin fitted double wardrobes, providing excellent built-in storage.
Bedroom Two Another well-proportioned double bedroom overlooking Ridgeway Road, complete with fitted wardrobes and offering comfortable accommodation for family members or guests.
Bedroom Three A versatile third bedroom enjoying impressive panoramic views across the surrounding area towards Dartmoor, with glimpses over Tor Bay taking in the marina, Corbyn Head Beach, and extending towards Marldon.
Equally suited as a bedroom, home office, or hobby room.
Shower Room Finished to a high standard, the contemporary shower room features a spacious walk-in double shower with both rainfall and body spray functions, complemented by a stylish vanity unit.
Fully tiled walls and flooring create a sleek, low-maintenance finish, while an obscure glazed window provides natural light and ventilation.
Separate WC Complementing the shower room, the separate cloakroom has been tastefully finished with attractive wainscot panelling and a decorative floor, adding both character and convenience.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
Agent & docs
FAQ
About 40, Ridgeway Road, Torquay
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