This property features two self-contained flats: one 1-bedroom unit and another 2-bedroom unit, both situated in a converted former rubber works building. The layout of the units presents significant renovation and investment potential. While they are currently functional, a degree of modernization and improvement would enhance their appeal, making them suitable for long-term residential letting or short-term holiday rentals.
Located just a short walk from Torquay's lively Harbourside and Marina, this property enjoys a prime position amidst a range of vibrant restaurants, bars, cafés, and shops. The town centre is also easily reachable, offering diverse retail options along with leisure and business facilities. Renowned for its unique coastal charm—characterized by award-winning beaches and palm-lined promenades—Torquay draws visitors throughout the year due to its thriving tourism economy.
The area boasts excellent transport links as well; Torquay Train Station provides direct connections to Exeter and beyond, while the South Devon Highway offers convenient access to the A38 motorway and M5 network. This accessibility further enhances the property’s attractiveness for potential renters or buyers.
The first unit (15a) spans two stories and includes a bedroom, an open-plan lounge/kitchen/diner, and a ground-floor garage that could be repurposed into additional living space. The second unit (15b) features an expansive kitchen/lounge/diner on the ground floor, allowing for two bedrooms upstairs.
For those looking for a property with dual living possibilities or rental income alongside owner occupation, this is an ideal find. As an added consideration, a separate water supply will need to be established at the property—an opportunity for investors to add value through improvements tailored to market demands.
Overall, this versatile property not only offers comfortable accommodation but also presents a promising canvas for renovation enthusiasts looking to capitalize on Torquay’s enduring popularity as both a residential area and tourist destination.
