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Merkara, St. Lukes Road, Torquay, Devon 2 bed block of apartments for sale
Merkara, St. Lukes Road, Torquay, Devon
£120,000
Merkara, St. Lukes Road, Torquay, Devon
£120,000
Our Summary
- The property is currently arranged as a pair of flats currently fully let, in need of some improvement
- It is considered there maybe potential for the basement, subject to all planning consent being obtained
- FreeholdResidential EPC: EImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 30 October 2025
- For Sale by Online Auction
- Residential Investment With Further Potential
Description
This detached property, situated close to Torquay town centre and harbour, currently comprises two flats that are fully let, in need of some improvement. The ground floor flat features a living room, kitchen, bedroom, and bathroom, with its own entrance and a garden area to the front. The first-floor flat has a similar layout, with a garden area also to the front. Both flats are let under Assured Shorthold Tenancy Agreements, with current rentals of £595 and £550 per month, respectively. The basement, currently used for storage, may have potential for development, subject to obtaining all necessary planning consents. The property is freehold and has an EPC rating of E, with Council Tax Band A and B for the two flats.