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6 bedroom block of apartments for sale
33 Queen Street, Torquay, Torbay, TQ1 1RQ
£190,000
33 Queen Street, Torquay, Torbay, TQ1 1RQ
£190,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 11th December 2025 The property forms part of a crescent of buildings, close to the junction of Queen Street and Union Street, within easy reach of the town centre, Torquay railway station, and the seafront
- The accommodation would benefit from some general improvement and modernisation
- Investment opportunity with potential for future uplift in rents received through active management or refurbishment
- Ground floor: Flat 1 - 2 Bedrooms flat (517 sq ft) currently let at £500 per calendar month EPC rating E First floor: Flat 2 - 1 Bedroom flat (409 sq ft) currently let at £500 per calendar month EPC rating D Second floor: Flat 3 - Studio (215 sq ft) currently let at £380 per calendar month EPC rating E Currently producing £16,560 per annum Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
This property, located in Torquay, is a unique investment opportunity consisting of three flats: a 2-bedroom ground-floor flat, a 1-bedroom first-floor flat, and a studio flat on the second floor. Each flat has its own kitchen and bathroom facilities, but would benefit from some general improvement and modernization. The property has a rear courtyard garden and a balcony on the front of the first-floor flat, offering potential for future uplift in rents through active management or refurbishment. The flats are currently let, producing an annual income of £16,560, and are being sold freehold. The guide price is not specified, but the property will be offered subject to a reserve, which will be within the guide range or no more than 10% above a single figure guide.