£69,950
1 bed flat for saleTorquay TQ2
1 bed
1 bath
Just added
Freehold
About this property
A rare opportunity to acquire a fully refurbished boutique holiday studio apartment in the heart of Torquay, just a four-minute walk from the vibrant harbour and marina.
Positioned within one of the UK's most established seaside destinations, this investment benefits from year-round visitor demand, with approximately 4.5 million visitors to the English Riviera each year and an exceptionally high level of repeat tourism.
Each apartment has been finished to a high standard and is sold fully furnished, allowing owners to benefit from a turnkey investment with no refurbishment required. The apartments are professionally managed, providing a completely hands-off ownership experience.
Projected net returns of 12.5%–15% are based on conservative income assumptions using an average nightly rate of £80, significantly below the current local market average, offering potential for increased returns as occupancy and room rates grow.
Additional benefits include:
Prices from £69,950
Fully refurbished boutique studio apartment
Furniture included
Professional management
No ground rent
No Stamp Duty payable (subject to individual circumstances)
Share of freehold to be transferred once all apartments have been sold
Ideally located within walking distance of Torquay's most popular attractions, including Torquay Harbour & Marina, Torre Abbey, Meadfoot Beach, Cockington Village, Kents Cavern, Dinosaur World and Torquay Railway Station.
With traditional buy-to-let legislation continuing to evolve, this professionally operated short-term accommodation investment offers an attractive alternative for investors seeking strong income potential in a well-established coastal tourism market.
Contact us today for the latest availability, projected income figures and full investment information.
Positioned within one of the UK's most established seaside destinations, this investment benefits from year-round visitor demand, with approximately 4.5 million visitors to the English Riviera each year and an exceptionally high level of repeat tourism.
Each apartment has been finished to a high standard and is sold fully furnished, allowing owners to benefit from a turnkey investment with no refurbishment required. The apartments are professionally managed, providing a completely hands-off ownership experience.
Projected net returns of 12.5%–15% are based on conservative income assumptions using an average nightly rate of £80, significantly below the current local market average, offering potential for increased returns as occupancy and room rates grow.
Additional benefits include:
Prices from £69,950
Fully refurbished boutique studio apartment
Furniture included
Professional management
No ground rent
No Stamp Duty payable (subject to individual circumstances)
Share of freehold to be transferred once all apartments have been sold
Ideally located within walking distance of Torquay's most popular attractions, including Torquay Harbour & Marina, Torre Abbey, Meadfoot Beach, Cockington Village, Kents Cavern, Dinosaur World and Torquay Railway Station.
With traditional buy-to-let legislation continuing to evolve, this professionally operated short-term accommodation investment offers an attractive alternative for investors seeking strong income potential in a well-established coastal tourism market.
Contact us today for the latest availability, projected income figures and full investment information.
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Monthly repayment
£349 per month
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