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4 bedroom block of apartments for sale
4 Pembroke Road, Torquay, Devon, TQ1 1NR
£200,000
4 Pembroke Road, Torquay, Devon, TQ1 1NR
£200,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 11th December 2025 The property is located in the Ellacombe area of Torquay, just a short walk from Market Street and the town centre
- Scope for future uplift through active management or refurbishment
- Flat 1 - 1 Bedroom (409 sq ft) currently producing £650 per calendar month Flat 2 - 1 Bedroom (409 sq ft) currently producing £650 per calendar month Flat 3 - 1 Bedroom (549 sq ft) currently producing £650 per calendar month Flat 4 - Bedsit- Ground Floor with Garden (248 sq ft) currently producing £425 per calendar month Fully let producing £28,500 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 the Ellacombe area of Torquay, is a freehold investment opportunity that is fully let and producing £28,500 per annum. The property consists of four flats, including a bedsit on the ground floor, with a total floor area of 1,616 square feet. The flats are currently producing £650 per month each, with the bedsit generating £425 per month. The property is situated in a central location, just a short walk from Market Street and the town centre, ensuring consistent demand from tenants and strong ongoing letting potential. The property is being sold by public auction on December 11th, 2025, with a guide price provided for each seller's minimum expectation.