Pegg Estates says ..
INVESTMENT OPPORTUNITY - Freehold block of five apartments generating approx. £4,000pcm. This spacious, character-filled building includes 2 x 1-bed, 2 x 2-bed, and 1 x 3-bed flats
Property Oracle says ..
This block of apartments on Rock Road, Torquay, presents a significant opportunity, particularly for investors or developers. While the property benefits from a desirable location with good transport links and proximity to local amenities, it requires considerable renovation to modernise its dated features and address signs of wear and tear. The presence of a garden adds to its appeal, but the overall condition impacts its immediate value. With nine bedrooms and five bathrooms, the property is well-suited for accommodating a large number of occupants, making it a potentially lucrative investment upon completion of necessary upgrades.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 9
- Bathrooms
- 5
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Metrics Year-on-Year
- Average area value
- 294,333.00 £Increased by 15.16 %
- Average area rental value
- 802.00 £/moDecreased by 15.22 %
- Est rental Yield
- 3.27 %Decreased by 26.35 %
- Crime Rate
- 31.00 %Unchanged by 0.00 %
Agent Activity
Pegg Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Torquay Children'S Centre | Children's Centre | 0.56 KM | |
| Eat That Frog C.I.C | Special Post 16 Institution | Good | 0.65 KM |
| Ef Academy Torbay | Other Independent School | 0.67 KM | |
| Ellacombe Church Of England Academy | Academy Sponsor Led | Good | 1.02 KM |
| Warberry Cofe Academy | Academy Converter | Good | 1.26 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Swan Street | £ 0 | 0 | 0.00 KM |
| Banner Cross Steps | £ 350,000 | 0 | 0.00 KM |
| Briary Lane | £ 0 | 0 | 0.00 KM |
| Torwood Gardens Road | £ 0 | 0 | 0.00 KM |
| Castle Circus Court | £ 295,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Torquay | 3434 | TQY | 1.78 KM |
| Torre | 3432 | TRR | 2.41 KM |
| Paignton | 3427 | PGN | 5.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Rock Road, Torquay | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Rock Road, Torquay | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Rock Road, Torquay | £ 115,000 | BUY | 5 / 10 | 0.00 KM |
| Rock Road, Torquay | £ 65,000 | BUY | 6 / 10 | 0.00 KM |
| Rock Road, Torquay | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 51 Rock Road | £ 140,000 | 0.02 KM |
| 55 Rock Road | £ 68,000 | 0.02 KM |
| 47 Rock Road | £ 35,000 | 0.02 KM |
| 62 Rock Road | £ 237,500 | 0.02 KM |
| 33 Rock Road | £ 62,500 | 0.02 KM |