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1 bed flat for sale

£250,000 Offers in region of

Abbey Road, Torquay TQ2

1 1
Interested in this property? Call +44 1803 268761 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Big Apple are delighted to offer you the opportunity to own a restaurant premises and two separate flats, situated just a stones throw away from Torquay town centre offering the best possible location for any new or existing business. The property compromises of a very large restaurant unit on the ground floor with a potential monthly rental income of £750, a large 2 bedroomed flat on the upper level with a potential monthly rental income of £550 and a 3 bedroomed flat with a potential monthly income of £650. A total monthly investment return of £1950, this property truly is a goldmine!

Property info

Market activity
Average price paid £210,464 Sales 501 Current average value £231,661 (Zoopla Zed-Index) Value change £2,433 ▲ 1.06%

Property value data/graphs for TQ2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £354,863 £230 3.6 £326,133
Semi-detached £224,237 £216 3.2 £205,798
Terraced £174,828 £195 3.0 £167,971
Flats £171,320 £250 1.9 £137,034

Current asking prices in TQ2

Average: £273,986
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £94,975
(2)
£198,787
(30)
£248,080
(64)
£343,845
(40)
£459,000
(21)
Flats £103,965
(23)
£171,854
(66)
£494,684
(16)
£240,000
(1)
-
All £103,246
(25)
£180,270
(96)
£297,401
(80)
£341,312
(41)
£459,000
(21)

Current asking rents in TQ2

Average: £605 pcm
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £446 pcm
(8)
£666 pcm
(8)
£791 pcm
(15)
£1,125 pcm
(4)
£446 pcm
(1)
Flats £519 pcm
(49)
£706 pcm
(29)
£650 pcm
(2)
- -
All £509 pcm
(57)
£697 pcm
(37)
£774 pcm
(17)
£1,124 pcm
(4)
£446 pcm
(1)

Fun facts for TQ2

Highest value in TQ2
Highest value streets Zed-Index
Hennapyn Road £635,445
Mead Road £583,358
Monterey Close £546,928
Torbay Road £546,635
Manscombe Road £532,385
Highest turnover in TQ2
Highest turnover streets Turnover
Pengelly Way 56.0%
Lyte Hill Lane 50.0%
Cornacre Road 50.0%
Mallard Close 46.2%
Sanford Road 45.5%

What Zoopla users think of Torquay

Overall rating:

  • currently 3.5 stars
Good - 72% (226 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Torquay:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Torquay (0.7 miles)
  • Torre (1.0 mile)
  • Paignton (2.6 miles)
  • Exeter International Airport (19.3 miles)
  • Cardiff Airport (64.9 miles)
  • Bristol Airport (72.6 miles)
  • Torquay - North Quay (0.4 miles)
  • Torquay Harbour Boarding Pontoon (0.5 miles)
  • Brixham Harbour Boarding Stage (4.7 miles)

Nearby schools

View all schools in Torbay
  • Ellacombe Academy (0.5 miles)
  • Warberry CofE Academy (0.5 miles)
  • Upton St James CofE Primary School (0.7 miles)
  • Eat That Frog C.I.C. (0.2 miles)
  • EF Academy Torbay (0.2 miles)
  • Huntercombe Hospital School Watcombe (2.1 miles)
  • The Spires College (0.7 miles)
  • Torquay Academy (1.2 miles)
  • St Cuthbert Mayne School (1.3 miles)
Note: Distances are straight line measurements

Local info for Torbay

About the neighbours in TQ2

AskMe Q&A for Torbay

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For more information about this property, please contact
Big Apple Estates, TQ1 on +44 1803 268761 * (local rate)

Monthly running costs Beta

£1,175 Monthly total

Mortgage

Purchase price
Deposit (10%) 25,000
Repayment term 25
Interest rate 1.5
Your payment £899 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £27/mo (£322/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £28 Estimated energy cost £48/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Torbay

Estimated tax band D Council tax cost £164 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £15 Sewerage £22 Estimated water cost £37 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Big Apple Estates about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Big Apple Estates, and do not constitute property particulars. Please contact Big Apple Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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