1-bedroom flat · TQ1 1NS
For saleListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Ground Floor Period Apartment with Garden Area in a Prime Torquay Location This attractive leasehold ground floor apartment offers a wonderful opportunity to acquire a characterful home in a highly convenient location, just moments from Torquay town centre and the seafront.
Benefitting from an impressive 993-year lease, the property combines period charm with practical modern living, making it an ideal first-time purchase, holiday home, investment property, or downsizing opportunity.
The accommodation comprises a spacious open-plan kitchen, lounge and dining area, creating a bright and sociable living space ideal for both everyday living and entertaining.
The generous double bedroom provides comfortable accommodation with ample space for furnishings, while the contemporary shower room is well-appointed and conveniently located.
Outside, the property enjoys the benefit of a small private garden/outdoor seating area, offering a pleasant space to relax and enjoy the fresh air.
On-street parking is available nearby, subject to the relevant resident parking permit requirements. Location The apartment is perfectly positioned to enjoy all that Torquay has to offer.
The bustling town centre is approximately a five-minute walk away, providing a wide selection of shops, supermarkets, cafés, restaurants and everyday amenities.
Torquay's picturesque seafront, marina and harbour are also within easy reach, approximately a ten-minute walk from the property, offering beautiful coastal walks, waterside dining and stunning views across Tor Bay.
The surrounding area is renowned for its attractive coastline, leisure facilities and vibrant atmosphere.
Residents can enjoy nearby beaches, parks, cultural attractions and excellent transport links, making the location equally appealing for permanent residents, holidaymakers and investors seeking a property in one of Devon's most popular seaside destinations.
Key Features Ground floor period apartment Long leasehold with approximately 993 years remaining One spacious double bedroom Open-plan kitchen, lounge and dining room Modern shower room Private outdoor garden/seating area On-street permit parking Approximately 5 minutes' walk to Torquay town centre Approximately 10 minutes' walk to the seafront and harbour Ideal first-time buy, holiday home or investment opportunity Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.
Exclusivity Fee: You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe.
The exclusivity fee is returned to you upon successful completion of the property.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have. Lounge/Kitchen (2.84m x 4.45m) Bedroom (2m x 4.5m) Shower Room
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 advisors 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
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FAQ
About Flat 1, 2, Cavern Road, Devon
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