5-bedroom flat · TQ1 2BB
For saleReduced £100k (−15.4%) on 28 AugListed 321 days
Opportunity summary
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About
Coastal Penthouse Apartment with Panoramic Sea & Harbour Views. Extensive Open Plan Principal Living Space. Five Bedrooms all En-Suite.
Perfectly positioned in the vibrant waterside location, this unique home presents a true lifestyle in the very heart of the English Riviera.
Within a short saunter are mooring facilities at MDL Marina, host of waterside bars and restaurants, and sea front promenade passing the Princess Theatre toward Torquay’s flagship Torre Abbey Sands Beach and Torre Abbey meadow.
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.
Unparalleled panoramic sea and harbour views are encompassed from this Penthouse Apartment, which crowns one of Torquay’s most iconic buildings set in a prime position on Torquay’s harbourside.
A secure lift takes you directly into the apartment, affording commodious living space of circa 3,000 sq ft, with an extensive wrap-around roof terrace spanning from the south-west to the north-east.
The views are simply breathtaking, with the tranquil waters of the inner harbour, Strand, and clocktower in the foreground, to the wider sea of Tor Bay beyond and surrounding hillsides.
From the communal entrance, secure lift access rises directly into the penthouse.
Spacious Reception Hall Sitting/Dining Room Commands a triple aspect with three sets of French doors and picture windows linking the extensive terrace wrapping around three elevations encapsulating the unrivalled views over Torquay’s inner harbour, marina, and wider Tor Bay beyond, with the Strand and clock tower in the foreground, beautiful St Johns Church, stretching around to the Warberries and Lincombes hillsides.
Kitchen A solid granite breakfast bar separates the kitchen, with matching granite work tops, comprehensive range of units which includes an island with sink, and two further sinks for preparation.
Three windows provide easterly light, and views towards the Lincombes and Warberries hillsides.
Utility Providing ample space for white goods and cupboard housing the immersion cylinders and deep linen cupboard.
Bedrooms & Bathrooms The Penthouse would comfortably afford a 5 bedroom, 5 en-suite design, currently having two bedrooms combined to provide a suite.
The primary bedroom suite commands fine sea views, and a balcony. To the rear of the apartment is the service access with cloakroom, secondary lift and staircase.
Garage Parking The Penthouse benefits from a double garage, adjacent to the rear service access, positioned beneath 14 Park Lane. The garage has a single width remote door and side window.
We understand the garage will be on a separate sub-lease, with terms to be agreed between the acting solicitors. General Information Tenure Leasehold. 999 years (less 15 days) from 14th March 1986.
Professional Management Larchfield Asset Management, Torquay. Service Charge 1st January 2025 – 21st December 2025 - £1,995.40.
We understand the Penthouse has a 4% liability on general building costs, and full repairing liability on their own structure. Ground Rent £50 per annum up to 2054, rising to £75.
Letting Shorthold Tenancies and holiday letting are both permitted. Access Lift and stair access to penthouse level. Heating Gas central heating. Services Mains electric, gas, water & drainage.
Pets Permitted with consent.
Mobile & Broadbrand We are advised that Standard & Ultrafast Broadband is available in the area via Openreach, with indoor mobile signal limited (according to the Ofcom website).
Council Tax Band E EPC Rating D
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 The Penthouse, Queens Quay, Victoria Parade, Torquay
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