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St Albans Road, Babbacombe, TQ1

PROPERTY TYPE

Block of Apartments

BEDROOMS

9

BATHROOMS

7

SIZE

4,736 sq ft

440 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • SUBSTANTIAL SEMI-DETACHED PRIOD RESIDENCE
  • FREEHOLD BLOCK OF SIX SELF-CONTAINED FLATS
  • SOUGHT AFTER POSITION WITHIN THE CARY PARK CONSERVATION AREA
  • CLOSE TO PARKS, AMENITIES, PICTURESQUE BABBACOMBE DOWNS AND BEACHES
  • CHAIN FREE

Description

INVESTMENT OPPORTUNITY. An elegant period residence arranged as six self-contained flats, occupying an enviable position within the sought-after Cary Park Conservation Area. Converted in 2015, the property has remained in the same family for generations and, in an earlier chapter of its history, operated as a hotel. Today it is fully let to long established, respectful tenants, generating approximately £45,360 gross per annum, making it an exceptional turnkey investment opportunity. For the owner, Zephyrs represented far more than an investment. It has been a cherished family property, with many tenants becoming friends. Current rental levels reflect this ethos of mutual respect, presenting an attractive opportunity for a new owner to enhance income over time, should they wish.

A wealth of amenities and leisure facilities are quite literally on the doorstep. Cary Park, with its tennis and bowls clubs, All Saints Church, and Brunel Medical Centre are all just a short walk away. The spectacular Babbacombe Downs, home to the renowned Cliff Railway, provides access to the shingle beaches of Oddicombe and Babbacombe below. The neighbouring village of St Marychurch offers a vibrant pedestrianised shopping precinct, a range of independent shops, cafés and restaurants, medical facilities, churches, and the highly regarded Torquay Golf Club, further enhancing the property's appeal to both tenants and investors alike.

WELCOME TO ZEPHYRS

A block paved driveway provides comfortable parking for three vehicles, including two tandem spaces. Beyond the parking area is a dedicated bin store with allocated spaces for the five apartments that share the front access. A welcoming communal conservatory entrance creates an attractive first impression and offers a pleasant space for residents to relax or socialise. An internal hall and elegant turned staircase provides shared access to flats 2, 4, 5 and 6. Flat 3 benefit from their own private entrnce and outdoor area, whilst flat 1 is accessed to the rear and equally enjoys a private car port, walled courtyard, and private entrance.

FLAT 1

The largest of the units, this spacious home benefits from a private rear entrance, a carport, and a secluded walled courtyard. The spacious accommodation is thoughtfully arranged around a central kitchen/dining room with separate utility, and features two bedrooms, including a principal bedroom with en-suite and a large wet room. The generous sitting room overlooks the courtyard.

FLAT 2

Occupying an entrance level position from St Albans Road and accessed via the communal entrance, this apartment features an impressive reception room with a deep westerly facing bay window. The hall leads to the double bedroom, which also enjoys a westerly aspect, together with an en suite shower room.

FLAT 3

Entrance level apartment with its own private stable door entrance. Currently arranged as a one bedroom home with a separate lounge, the accommodation could easily be reconfigured to provide two bedrooms with an open plan kitchen, dining and living space, together with a shower room. A particular feature is the private approach, offering space for outdoor seating and enjoying a sunny southerly aspect.

FLAT 4

Positioned on the first floor and accessed via the well maintained communal hallway and staircase, this bright and inviting flat features an impressive reception room with a deep westerly facing bay window, a spacious double bedroom also enjoying a westerly aspect, and shower room.

FLAT 5

Situated on the first floor and accessed via the communal entrance hall and staircase, this well planned flat features a generous storage cupboard off the hall. The sitting room flows through to the kitchen/breakfast room, with both rooms enjoying an easterly aspect. The double bedroom and shower room are positioned to the south, benefitting from a bright and sunny outlook.

FLAT 6

A characterful second floor flat, occupying the entire upper level and accessed via a stepped approach from the communal entrance hall and staircase. The welcoming entrance is flooded with natural light from a large roof lantern. Generous entrance hall, an irregularly shaped kitchen/dining room, and a 'L' shaped sitting room, both enjoy a westerly aspect. There are two double bedrooms, including a principal bedroom with extensive eaves storage and a roof light, together with a bright, well appointed bathroom.

ADDITIONAL INFORMATION

ACCESS - Flat 1 potential suitability for disability access. All other flats have stepped access of some description. COUNCIL TAX BANDS (Torbay Council) - Flats 1 and 6 are band 'C' with a full payable amount each of £2,183.99 for the year 2026/2027. Flats 2, 3, 4 and 5 are band 'B' with a full payable amount each of £1911 for the year 2026/2027. All tenants are responsible for their own council tax. HEATING - All flats are gas central heating on seperate boilers. SERVICES - Mains gas, electric, water and drainage. All tenants are responsible for their our private utility useage and are individually metered. CONSERVATION AREA - Cary Park, Torbay. MOBILE & BROADBAND - We understand Standard and Superfast broadband is available in the area via Openreach. Mobile coverage noted as good outdoor and in home with EE and Three, good outdoor with O2 and Vodafone according to Ofcom.org.uk.

TENANCIES & INCOME

All properties are currently let to established tenants under Assured Tenancy Agreements and are professionally managed by John Lake Gilt Edged Lettings. The portfolio currently generates a gross rental income of £3,780 per calendar month (£45,360 per annum). A full tenancy schedule and further details relating to the individual tenancies will be made available to prospective purchasers upon satisfactory evidence of their ability to proceed with a purchase, and following an initial viewing.

EPC'S

Flat 1 - TBC. Flat 2 - TBC. Flat 3 - TBC. Flat 4 - TBC. Flat 5 - TBC. Flat 6 - TBC.

OUR AREA

Torquay is nestled on the warm South Devon coast being one of three towns along with Paignton and Brixham which form the natural east facing harbour of Torbay, sheltered from the English Channel. Torbay's wide selection of stunning beaches, picturesque coastline, mild climate and recreational facilities reinforce why it has rightfully earned the renowned nickname of the English Riviera.

TORQUAY IS WELL CONNECTED

By Train: Torquay Train Station has some direct lines to London Paddington and Birmingham and is just one stop from the main line Newton Abbot. By Air: Exeter Airport provides both UK and international flights. By Sea: Torquay Marina provides a safe haven for boats in all weathers, sheltered from the prevailing south-westerly winds. Regional Cities of Exeter & Plymouth approximately 22 miles and 32 miles respectively. Magnificent Dartmoor National park approximately 12 miles.

DIRECTIONS

SAT NAV - TQ1 3NP. WHAT3WORDS - ///exam.secret.safe.

ANTI-MONEY LAUNDERING (AML) COMPLIANCE

In line with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all estate agents are required to verify the identity and legitimate source of funds of every purchaser. We conduct these checks through an independent, specialist service provider, alongside our own internal due diligence. A fee of £18 (£15 + VAT) per purchaser applies once an offer is agreed in principle. Purchasers must complete the digital ID verification and provide evidence of funds or financial capability before a memorandum of sale is issued and the property’s status is updated to ‘Sale Agreed’ or ‘Sold STC’.

Garden

Private courtyard garden to flat 1.

Garden

Private patio area to flat 3.

Parking - Driveway

Parking for three cars, two in tandem.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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St Albans Road, Babbacombe, TQ1

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Affordability

Monthly repayments£3,511
Property: £ 700,000
Deposit: £ 70,000
Interest rate: 5.33%
Term: 30 years
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About John Lake Estate Agents, Torquay

The Old Town Hall, Manor Road, St Marychurch, Torquay, TQ1 3JS
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Established in 1978 our company has grown to become one of Torbay's most respected and leading independent estate agents, Our dedicated team are one of the few agents selling and letting property throughout the whole market, from coastal cottages to luxury homes, small flats to prestigious penthouses. We pride ourselves on our professional approach, extensive local knowledge and an unrivalled service to our clients, specialising in a specific area of the beautiful South Devon coastline stretching from Torbay to Teignmouth and the rural villages just inland.

We are committed to providing all our customers with individual tailored advice using the wealth of experience offered by our qualified team. We hold all the traditional values you would expect from a well-established firm combined with the latest innovations and technology.

Proud members of the National Association of Estate Agents (NAEA), the Association of Residential Letting Agents (ARLA) and The Property Ombudsman reinforcing our commitment to providing the highest level of service.

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Disclaimer - Property reference 3e037766-1410-4073-8e6b-3a3efc5de51e. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Lake Estate Agents, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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