1 bedroom apartment

This EXCEPTIONAL MARINE APARTMENT forms part of a select development perched on the hillside facing south westerly above Torre Abbey Sands, occupying one of Torquay's finest waterfront locations commanding unrivalled views of the English Riviera and Tor Bay's stretching coastline toward Brixham's Berry Head. Beautifully presented, the property is positioned within a stylish modern wing to the original Victorian villa. Astor House is enviably tucked back from the hustle and bustle, yet just a short saunter from the vibrant waterside cafe bars, restaurants, Marina, Princess Theatre and array of leisure activities. This stunning coastal apartment benefits from the option of permitted holiday letting, presenting a wonderful opportunity to generate a healthy income or a second home having the ability to simply cover general overheads when not in personal use.
EPC Rating: D

OWNERS' INSIGHT

"We initially started the comprehensive development of Astor House back in 2007 to provide seventeen fine apartments within the original Victorian residence and contemporary wings. Having retained a selection, this particular apartment has been a successful investment for ourselves, primarily holiday let through the peak seasons mixed with periodic assured shorthold over the winter months. Whether someone is looking to buy as an owner occupier, second home, or continued rental investment, they will find an exceptional lifestyle at Astor House. The views are unrivalled, and the location perfect for everything Torbay has to offer. The sea front, Marina, Princess Theatre, and choice are restaurants are literally a matter of minutes' walk, with a private gateway in the garden leading directly onto Rock Walk."

OWNERS STATEMENT

We are only selling this reluctantly for family reasons! We have had this flat as an investment flat since we built it as an extension in 2010; and it has always provided us with an impressive income. The flat has a great yield (11%); as it is earning almost as much as much larger flats. Unusually for Torquay, permission to holiday let is included in the lease. We are happy to sell the flat as a going concern with furniture included if required and potentially offer agent services as we do with other flat owners in Astor House alongside our own. The views are second to none from the juliette balcony, and extremely popular with guests. There is always something to watch on the bay outside, whatever the weather! It has good access to great restaurants and bars just below on the promenade; as well as the beach, tennis courts and train station/bus routes. If you wish to add a balcony, planning permission has been previously granted although now lapsed.

STEP INSIDE

A communal entrance with stepped approach rises to the second (top) floor from where a private front door opens to the RECEPTION HALL. The OPEN PLAN LIVING SPACE features virtual full width sliding patio door and picture windows with balconette, enjoying the exceptional SEA VIEWS. Generous storage cupboards. The KITCHEN is fitted with a range of high gloss, flush fronted units and granite effect working surfaces with inset sink unit. Built-in electric oven, four ring ceramic hob with filter hood over, integrated dishwasher and fridge with freezer compartment. DOUBLE BEDROOM with window overlooking the front approach and fitted storage cupboard housing the electric consumer unit. BATHROOM with white suite of panelled bath with shower over, wash hand basin set in vanity unit and WC. Fully tiled walls, inset downlighters, chrome heated towel rail, extractor fan and cupboard housing the Worcester gas fired boiler.

STEP OUTSIDE

Communal gardens to the seaward side of Astor House where the sea views can be enjoyed. A gateway leads to Rock Walk where pedestrian access can be gained to the sea front, marina, and harbour. Warren Road has unrestricted on-road parking.

ADDITIONAL INFORMATION

GENERAL - Gas Central Heating COMMUNAL LAUNDRY ROOM LENGTH OF LEASE - New 199 year lease will be created. SERVICE CHARGE - £1,248 approx. COUNCIL TAX BAND - B (Torbay Council) EPC - D INCOME GENERATED OVER THE LAST 3 YEARS: 2020 - 21 £20,194 (covid) 2021 - 22 £33,081 2022 - 23 £26,049

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: TQ2 5TN. From Torquay's sea front (Torbay Road A379) keeping Torre Abbey Sands on your right hand side heading from the Train Station/Grand Hotel toward the harbour, bear left up Shedden Hill next to the white pedestrian bridge. Continue up the hill and turn right into Warren Road. Astor House stands on the right hand side.