St. Michaels Close, Torquay TQ1
South West
£145,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
Property details
Bedrooms
2Type
FlatArea
1066 sqftDescription
This two-bedroom leasehold apartment in Torquay is set within a building dating from 1880 and is described as offering approximately 1,000 square feet of accommodation. The layout includes a reception room, two bedrooms and a bathroom, with views over the surrounding area. The property is in need of refurbishment, giving a purchaser scope to update the interior. The vendor states that 85 years remain on the lease and that residents own a share of the freehold. Ground rent and service charge details should be confirmed, and the lease information verified during conveyancing.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £145,000, this two-bedroom Torquay flat is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. The generous space, coastal setting and views give you a good canvas for a medium-scale update, with dated finishes and marked or stained ceilings visible in several rooms. The older kitchen and bathroom also offer scope to bring the interiors up to your own style.
The building and visible grounds appear generally maintained, and the fireplace adds character to the reception room. The flat has 85 years remaining on the lease and a share of the freehold; check the service charge and ground rent as part of your enquiries.
Key opportunities
- Acquire at £145,000, substantially below the local average per square foot.
- Refresh the dated decor and flooring, and update the older kitchen and bathroom to create a more contemporary interior.
- Make the most of the generous accommodation, reception-room fireplace and coastal views.
Key risks
None recorded.
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Transport
Nearest stations
Torre Rail Station
0.1 miles
Train · Torre
Torquay Rail Station
0.9 miles
Train · Torquay
Paignton Rail Station
2.8 miles
Train · Paignton
Newton Abbot Rail Station
4.5 miles
Train · Newton Abbot
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£592
Based on a loan of £108,750 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-9.4% since listed
£145,000£5,000(-3.3%)
26/10/2026£150,000£10,000(-6.3%)
10/10/2026£160,000Initial listing
22/09/2026Services
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