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3 Bed Flat, Refurb/BRRR, Torquay, TQ1 3NW £180,000

Palermo Road, Babbacombe, Torquay, TQ1 3NW - 7 months ago
  1. Deal Search
  2. Torquay
  3. TQ1
  4. TQ1 3NW
Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
~66 m²

ValuationOvervalued

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Links

  • More Deals in Torquay
  • More Deals in TQ1
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Torquay
  • More Refurb/BRRR Deals in TQ1

Property History

Price changed to £180,000

July 23, 2025

Price changed to £190,000

July 19, 2025

Listed for £180,000

April 29, 2025

Floor Plans

Description

  • Chain-Free Three-Bedroom Apartment +
  • Sought-After Location on Palermo Road +
  • Private Balcony with Views over Cary Park +
  • Allocated Parking Space in Residents' Car Park +
  • Walking Distance to Babbacombe Downs & Cliff Railway +
  • Adjacent to Cary Park & Local Amenities +
  • Bright Sitting Room with Southerly Aspect +
  • Access to Communal Facilities & Secure Entrance +

Nestled within a sought-after location on Palermo Road, this chain-free, three-bedroom apartment occupies the second floor of a purpose-built development, offering a rare opportunity for prospective buyers. Benefitting from a private balcony with picturesque views overlooking Cary Park, the property also includes an allocated parking space within the residents' car park, ensuring convenience for its occupants.

The apartment is attractively priced to reflect its potential for modernisation, presenting an excellent opportunity for personalisation and enhancement.

Rathlin's prime location is adjacent to Cary Park and close to a wealth of amenities. The nearby tennis and bowls clubs, as well as the parade of shops on Reddenhill Road, offer a vibrant local community. Within walking distance lies Babbacombe Downs, England's highest cliff-top promenade, renowned for its spectacular coastal views and access to the historic Cliff Railway. Additionally, St Marychurch is located in the opposite direction, boasting a bustling pedestrianised shopping precinct and a wealth of amenities, including supermarkets, medical practices, and convenient transport links.

Council Tax Band: C (Torbay Council)
Tenure: Leasehold (169 years)
Service Charge: £1,588.89 per year
There are 199 years remaining on the lease from 1 January 1995. The management company is Crown Property Management, based in Torquay. The service charge is £1,588.89 per annum, payable half-yearly. The next payment of £794.45 is due on 1 March 2025.
Broadband options available at the property include:
* Standard broadband (17Mbps download, 1Mbps upload).
* Superfast broadband (48Mbps download, 9Mbps upload).
* Ultrafast broadband (1800Mbps download, 220Mbps upload).

Agent Details

Daniel Hobbin Estate Agents, Torquay

01803 221996

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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