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Newton Road, Torquay, TQ2

PROPERTY TYPE

Studio

BATHROOMS

1

SIZE

484 sq ft

45 sq m

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

Key features

  • Newly converted studio apartment
  • Fully refurbished throughout
  • Particularly spacious living and sleeping area
  • High ceilings and excellent proportions
  • Own private front entrance
  • Separate rear entrance
  • Newly fitted kitchen
  • Newly fitted shower room
  • New 999-year lease on completion with equal share of freehold
  • No onward chain and ready for immediate occupation

Description

Newly converted and comprehensively refurbished, 4 Newton Road is a particularly spacious studio apartment offering an affordable opportunity for first-time buyers, investors or those seeking a low-maintenance base in Torquay.

Forming part of a building comprising just two individual dwellings, the apartment is offered for sale with no onward chain and is presented ready for immediate occupation. A particularly useful feature is that the property has its own independent entrances to both the front and rear, giving it a greater sense of privacy and independence than is often associated with studio accommodation.

The main living and sleeping area is notably generous, with high ceilings adding to the feeling of space. Large windows to the front provide plenty of natural light whilst incorporating frosted privacy glazing due to the property's road-facing position. The proportions allow ample scope to comfortably arrange defined living, dining and sleeping areas within the room.

The accommodation has been freshly refurbished throughout and includes a newly fitted kitchen, arranged separately from the principal living space and equipped with a range of contemporary units, work surfaces, sink and cooking facilities.

There is also a new shower room, finished in a clean and neutral style with a shower enclosure, wash basin and WC.

Further benefits include gas central heating and an EPC rating of C, while the neutral finish means the property can be occupied or let without the immediate expense normally associated with refurbishment.

For buy-to-let purchasers, the property is expected to achieve approximately £650 per calendar month, equating to an annual rental income of £7,800. Based on the asking price of £55,000, this represents an attractive potential gross rental yield of approximately 14.2%, making the studio a particularly appealing investment opportunity.

Although the property does not have allocated parking, Brunswick Square long-stay car park is conveniently located nearby. Torbay Council currently offers parking permits for this car park, providing a useful option for purchasers or tenants who wish to keep a vehicle close to the property. Permit availability, terms and charges should be confirmed directly with Torbay Council.

We are advised that the seller's solicitor will provide a new 999-year lease on completion, with the building containing only two dwellings with each property also benefiting from an equal share of the freehold. Buyers should ask their solicitor to confirm the final lease and freehold arrangements as part of the conveyancing process.


EPC Rating: C

Brochures

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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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Newton Road, Torquay, TQ2

Approximate location

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Affordability

Monthly repayments£266
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 4.99%
Term: 30 years
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About Absolute, Torbay

13 Ilsham Road Torquay TQ1 2JG

Local knowledge. More than 200 years of experience. One team.

Absolute began in Torquay in 2010 with Founding Director Simon Fisher opening our doors as a small, independent estate agency with a straightforward ambition: to offer a fresh, more personal approach to property.

Since then, we’ve grown considerably, but we’ve never lost what made us different in the first place. We’re still proudly independent, still combine our local expertise and powerful network with unique property marketing campaigns, and still believe that success in estate agency comes down to people.

Today, our experienced team covers the whole of Torbay and the wider South Devon area, bringing together more than 200 years of combined local property experience. Over the years, we’ve built strong, genuine relationships with people across Torbay, getting to know not just the properties, but also the people who make the houses their homes. This local insight and understanding allows us to carefully match buyers with their perfect properties, while giving our clients the benefit of a huge depth of knowledge; from understanding the local market and getting the right price, through to negotiating a sale or managing a property once tenants have moved in.

Bringing our teams closer together has made us stronger. We’re now one connected Torbay-wide team, sharing knowledge and experience to give you the support and results you need.

Headed up by Director Darren Hole, who has worked in the Torbay property market since 1997, our sales team are highly experienced, Propertymark qualified professionals who know Torbay inside out. Our focus is to provide honest, straightforward advice combined with striking property marketing, including professional photography, bespoke brochures, videography, 3D virtual tours and targeted social media campaigns. The result is a service that feels personal, but most importantly has the power and reach to make your property stand out.

Our specialist lettings team is overseen by Lettings Director Chelsey Earnshaw, who won the coveted 'Best Property Manager Gold Award' at the Sunday Times Letting Agency of the Year Awards, plus experienced lettings managers, dedicated property managers and accounts specialists. This means that landlords have a comprehensive team behind them who handle everything from finding the right tenant and managing the letting process through to compliance, ongoing property management and providing strategic advice to protect your investment.

We’ve been fortunate enough to receive industry recognition along the way, including both Gold and Bronze South West Regional Estate Agency at The Negotiator Awards. What matters most to us, however, is the trust local people place in us time and time again. We’re incredibly proud of our hundreds of five-star reviews, but nothing means more than someone getting in touch because a friend, family member or neighbour told them, “Go with Absolute”. It’s without doubt the biggest compliment we can receive.

Whether you’re thinking about selling, buying, letting or simply want some advice about your property, our team is always happy to have a chat.

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Disclaimer - Property reference f2d01ea7-726c-406f-9829-649793e944db. 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 Absolute, Torbay. 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.

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