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See how verdicts workHouse · TQ2 5EU
Listing removedListed 108 daysAuction 28 Jul · ended
Opportunity summary
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About
For sale by online auction - Lot 56 - Development Opportunity Bidding opens: 28/07/2026 12:00 Auction scheduled to end: 30/07/2026 15:52 online auction from 28th-30th July A rare opportunity to acquire a Grade II listed signal box with full planning for conversion to a holiday home.
Situated in the seaside resort of Torquay and renowned throughout the world as the English Riviera, this would be an ideal property for a landlord looking for a unique and quirky holiday let or a family looking for a summer retreat.
The accommodation comprises three floors with proposed plans to have a snug ground floor living area, first floor bedroom with en suite and the third floor, having an open plan dining room and kitchen.
Planning: Planning has been granted for conversion of the signal box into a holiday home.
Planning ref P/2016/0146 - Planning has already been implemented by installing polycarbonate protection on the windows and building regulations have been passed by the local authority.
All Interested parties should contact Torbay Local Authority planning department for further information Tenure: Advised Freehold - to be verified by solicitor Tenancies: To be sold with vacant possession investors If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you.
Please call us or email for invaluable advice.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Torre Station, Newton Road, Torquay
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