2-bedroom flat · TQ3 2PF
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this superb two-bedroom top-floor apartment, ideally situated in the highly sought-after Level Preston area of Torquay.
Offering attractive sea views, generous accommodation and a convenient coastal location, this well-presented home is offered to the market chain-free and provides an excellent opportunity for buyers seeking comfortable seaside living.
Upon entering the apartment, you are welcomed by a spacious reception hall with useful built-in storage.
The bright and generously proportioned lounge provides an inviting setting for relaxing and entertaining, enhanced by elegant coving and excellent natural light.
Tilt-and-turn UPVC double-glazed doors open onto a private covered balcony, where you can sit back and enjoy wonderful sea views.
The well-appointed kitchen/breakfast room offers a practical and attractive space for everyday living.
It is fitted with a range of wall and base units incorporating cupboards and drawers, together with a sink and drainer, built-in oven and gas hob.
Wood-effect flooring adds a stylish yet easy-to-maintain finish, while a floor-to-ceiling window overlooking the balcony, together with an additional window, allows plenty of natural light and offers further glimpses towards the sea.
There is also ample space for additional appliances. Both bedrooms are generously sized doubles and benefit from built-in wardrobes, providing excellent storage.
The modern shower room is fully tiled and fitted with a corner shower enclosure, wash basin with storage cupboard beneath and a WC with concealed cistern.
A Velux window provides natural light and ventilation. Further benefits include gas central heating, double glazing and an intercom entry system.
Externally, residents have access to a communal patio and drying area, together with two visitor parking spaces.
The property also benefits from a tandem garage, providing secure off-road parking for two vehicles as well as useful additional storage.
The apartment is well positioned to enjoy everything the English Riviera has to offer.
Preston Sands and Paignton Beach are both within easy reach, providing plenty of opportunities to enjoy the coastline.
Local shops, cafés, schools and public transport links are also conveniently accessible, while nearby attractions include Oldway Mansion and the many leisure facilities found throughout Torquay and Paignton.
With its spacious accommodation, sea views, private balcony and desirable coastal location, this appealing apartment offers an excellent opportunity to enjoy life by the sea.
Early viewing is highly recommended. The property is held on a favourable lease, understood to be for 199 years from 1995.
Service charges are approximately £2,410.00 per annum, with ground rent of approximately £50 per annum.
The lease also allows short-term letting, subject to the relevant terms and regulations, making the property potentially attractive to both owner-occupiers and investors.
Leasehold Disclaimer The leasehold information provided has been obtained from the vendor and HM Land Registry.
We have not had sight of the lease and therefore cannot verify its full terms and conditions.
Prospective purchasers are advised to instruct their solicitor or conveyancer to obtain and review the lease and make their own enquiries regarding the lease term, ground rent, service charges, restrictions and any other associated obligations prior to exchange of contracts.
EPC Rating: C Parking - Garage
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
Area
Agent & docs

FAQ
About Eugene Road, The Claridge, TQ3
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