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Torquay

South West

£180,000

Listed on 19/10/2025

Property details

Bedrooms
N/A
Type
Block Of Apartments
Area
614 sqft

Features

  • Garage

Description

This property presents a unique investment opportunity with two self-contained flats, a 1-bedroom unit and a 2-bedroom unit, located in a converted former rubber works building in Torquay. Situated just moments from the popular Harbourside and Marina, both flats are ideally suited for long-term rentals or as holiday lets, leveraging the area's strong tourism appeal. The property is conveniently close to various local amenities, including shops, restaurants, and recreational facilities. Each flat has potential for modernization; specifically, the first flat features an existing garage that could be repurposed into additional living space. The second flat benefits from an open kitchen/living area design but could also use updated finishes and appliances. Notably, a separate water supply needs to be introduced, making this a prime candidate for renovation work. Whether you are looking to generate rental income or seeking a residence with supplementary income potential from the second unit, this property offers significant scope for enhancement.

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Location

Torquay
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-10.0% since listed
£180,000£20,000(-10.0%)
21/11/2025
Current price
£200,000Initial listing
18/10/2025

Next Steps

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