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See how verdicts work3-bedroom flat · TQ1 2NE
No longer listedReduced £15.1k (−3.8%) on 20 JulListed 593 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious first floor apartment forms part of a gracious development situated within one of Torquay's elegant period Villas set on the prestigious wooded hillside of the Lincombes.
The opulence of the Victorian era is embodied within the striking principal room complete with minster fireplace, ornate ceiling and two bay windows from where the wide sea view are enjoyed.
Benefitting from a southerly aspect the apartment is complimented by three bedrooms and two bathrooms and retains many period features, typical of its era.
Situated in a quiet 'no through' road, St Elmo is set within attractive communal gardens for the enjoyment of all residents and directly outside the entrance to this particular property is a generous communal terrace which in turn leads to the residents parking area, providing two spaces per flat.
The bustling harbour side and town centre lie at the base of the hill and the local amenities at Wellswood are also within easy reach where a parade of shops, restaurants and village pub can be found.
EPC Rating: D Owner Insight "St Elmo has been our family home for 20 years, a property which holds very fond memories.
It is a beautiful residence in a fine position within Torquay, having an interesting background and commanding magnificent views of Torbay and its beautiful surrounding coastline.
Nestled on the wonderful Lincombes hillside there is easy access to all facilities, yet we have found it to be an extremely peaceful, quiet and relaxing setting.
Every visitor has been ‘wowed’ by the splendid Tor Bay views from all windows, particularly the principal room, which is a particular feature of the apartment.
We hope that any new owner enjoys life at St Elmo as much as we have." Step Inside From the driveway approach steps rise to a double glazed front door opening to the entrance porch with durable wood effect flooring.
A decorative leaded inner door opens to the spacious reception hall with engineered wood flooring, lofty ceiling height with part decorative cornice work, skylight, hatch to loft space and storage cupboard.
Step to inner hall with further hatch to loft space.
The drawing room is a particular feature of the property with bay windows to the rear enjoying beautiful open views to the sea at Tor Bay towards Brixham and Berry Head.
Further bay window to the side enjoying sea views into Lyme Bay. Decorative cornice work, ceiling rose and feature fireplace.
The kitchen is fitted with a range of units and work tops with inset sink unit.
Built-in electric double oven, four ring electric hob with cooker hood above, provision for dishwasher and integrated fridge/freezer. Window enjoying the beautiful sea views into Lyme Bay.
Bedrooms & Bathrooms Bedroom 1 with feature fireplace and window enjoying views over the surrounding area towards the sea at Tor Bay.
En-suite with free standing claw and ball bath, recessed shower, wash hand basin, bidet and WC. Window enjoying the open and sea views. Bedroom 2 with similar views as bedroom one.
Bedroom 3/study with window to the side also enjoying the sea views. Cupboard with shelving and housing the electric meter and consumer unit. Shower room with shower cubicle, wash hand basin and WC.
Heated towel rail and extractor fan.
Off the reception hall is a utility room with provision for washing machine and further undercounter appliance space suitable for a dryer, work top with inset sink, wall mounted Worcester gas fired boiler, storage shelving and obscure glazed windows.
Step Outside St Elmo is approached from Middle Lincombe Road via a pillared driveway leading to the residents parking area where the property benefits from two parking spaces in tandem.
To the southerly side of the building there are well tended communal gardens, principally laid to lawn and planted with a selection of plants, shrubs and trees with a further communal paved terrace from where views are enjoyed over the gardens as well as the sea and coastal views.
Additional Information Access: There is a stepped approach to the apartment. Heating: Gas Central Heating. Services: Mains Electric, Gas, Water & Drainage. Length of lease: 999 years from 1986.
Residents own a share of the freehold. Service charge: £2,556 per annum (1st January – 31st December 2025). Ground rent: None collected.
Letting: The property may be let on an Assured Shorthold Tenancy (AST) but Holiday Letting is prohibited. Pets: One dog, cat, or caged bird is permitted with consent of the Management Company.
Council tax band: ‘E’ (Torbay Council). Full charge payable for 2024/25 is £2,729.04. Conservation area: Lincombes.
Broadband & mobile: We are advised that Standard, Superfast & Ultrafast Broadband is available in the area via Openreach, with mobile signal likely via O2 but limited with EE, Three, & Vodafone.
Our Area Torquay is nestled on the warm South Devon coast being one of three towns along with Paignton and Brixham which form the natural east facing harbour of Torbay, sheltered from the English Channel.
Torbay's wide selection of stunning beaches, picturesque coastline, mild climate and recreational facilities reinforce why it has rightfully earned the renowned nickname of the English Riviera.
Torquay Is Well Connected By Train: Torquay Train Station has some direct lines to London Paddington and Birmingham and is just one stop from the main line Newton Abbot.
By Air: Exeter Airport provides both UK and international flights. By Sea: Torquay Marina provides a safe haven for boats in all weathers, sheltered from the prevailing south-westerly winds.
Regional Cities of Exeter & Plymouth approximately 22 miles and 32 miles respectively. Magnificent Dartmoor National park approximately 12 miles.
Directions Sat nav: TQ1 2NE WHAT3WORDS:///snacks.lace.claps Anti-Money Laundering (Aml) Compliance In line with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all estate agents are required to verify the identity and legitimate source of funds of every purchaser.
We conduct these checks through an independent, specialist service provider, alongside our own internal due diligence.
A fee of £18 (£15 + VAT) per purchaser applies once an offer is agreed in principle.
Purchasers must complete the digital id verification and provide evidence of funds or financial capability before a memorandum of sale is issued and the property’s status is updated to ‘Sale Agreed’ or ‘Sold STC’.
Parking - Off Street
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
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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.
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About 3 St Elmo, Torquay
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