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For saleReduced 20 Nov 2025
£180,000Offers in excess of

Torquay, TQ1 2AU

Studio
Block of Apartmentstype
Freeholdtenure

Listed 8 Oct 2025 · price reduced 20 Nov 2025 · Torquay

How the price compares

This home£180,000
Median studio in TQ1£180k3 homes listed · £185 per sq ft
Difference0%in line with the area

Key features

  • Two Self-Contained Flats; 1x 1 Bed and 1x 2 Bed
  • Prime Central Location Just Behind Torquay's Bustling Harbourside & Strand
  • Attractive Investment/Improvement Opportunity with Scope for Capital Uplift
  • Ideal for Long-Term Letting, Holiday Use or Owner Occupation with Income
  • Freehold Sale – Priced to Sell

About this home

Two Self-Contained Flats; 1 x 1 Bed & 1 x 2 Bed. Ideal for Long-Term Letting, Holiday Use or Owner Occupation with Income.

Park Lane is located in the heart of Torquay, just a short stroll from the bustling Harbourside and Marina, with its vibrant mix of restaurants, bars, cafés and shops. The town centre is also easily accessible, with a full range of retail, leisure and business facilities, whilst nearby seafront attractions and beaches further add to the property’s appeal. Torquay is renowned as the jewel of the English Riviera, celebrated for its mild climate, palm-lined promenades, and award-winning beaches. The town attracts visitors year-round, drawn by its thriving tourism economy, extensive leisure facilities, and vibrant cultural scene. Alongside its appeal as a seaside resort, Torquay offers excellent schools, healthcare facilities, and transport links, making it a highly desirable place to live, work and invest. The location is well-connected by public transport, with Torquay Train Station offering direct links to Exeter and beyond, and the South Devon Highway providing quick access to the A38 and M5 motorway network. Bettesworths are delighted to offer the opportunity to acquire two self-contained maisonettes, sold as one property, situated in a converted former Rubber Works building, tucked away just behind Torquay’s picturesque Harbourside. The property comprises: 15a – A 2 storey floor property offering 1 Bedroom, Lounge/Kitchen/Diner and Bathroom with garage at ground floor level (could be converted to living space).  15b –  As 15b however the garage has been converted to a spacious Kitchen/Lounge/ Diner allowing 2 bedrooms on the first floor. Both units would benefit from some modernisation and improvement works and are ideally positioned for both long-term residential letting or as short-term holiday lets, capitalising on Torquay’s year-round popularity as a coastal resort. Alternatively, the property would suit owner occupiers looking for a centrally located home with income from the second unit.  It should be noted that a separate water supply will need to be brought to the property.

15A PARK LANE – GROUND FLOOR

ENTRANCE DOOR On the left, leading to staircase up to first floor.

GARAGE With up and over door and internal door to entrance porchway.

FIRST FLOOR

LANDING AREA Hot water cylinder cupboard.

BATHROOM Arranged as a wet room with tiled walls and non-slip flooring, WC and wash hand basin. Electric shower and screen.

KITCHEN/DINER/LIVING AREA With fitted domestic kitchen unit, integrated oven and hob with extractor over, sink and drainer and small fixed breakfast table. Part carpeted.

BEDROOM Carpeted.

15B PARK LANE – GROUND FLOOR

ENTRANCE DOOR Into:-

SPACIOUS MAIN KITCHEN/LOUNGE/DINER Domestic kitchen units to far wall with tiling splashback, part tiled floor, part carpeted, integral oven, electric hob and extraction, sink and drainer, wall mounted breakfast bar. Reduced height under the stairs.

Stairs up to:-

FIRST FLOOR

2 X BEDROOMS Both with wall mounted electric heaters. Carpeted.

BATHROOM With tiled floor and walls, wash hand basin and WC. Bath with electric shower over.

LANDING AREA Hot water cylinder cupboard.

EPC RATINGS 15A Park Lane - D. 15B Park Lane - E.

COUNCIL TAX BAND A

VIEWING Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.

Property details

Property type
Block of Apartments
Council tax band
A
Tenure
Freehold
Parking
Yes

Floorplan

15a - FLOOR PLAN15b - FLOOR PLAN

Location

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1 on this map

  • Torquay Station0.9 mi
  • Torre Station1.3 mi
  • Paignton Station2.6 mi

What nearby homes sold for

Median sold prices in TQ1 over the last 12 months: flat £150k · terraced £220k · detached £595k · semi-detached £297k.

AddressTypeSoldPrice
3 Park Lane
Torquay TQ1 2AU
Terraced
Freehold
18 Jul 2025£280,000
The Studio, Park Lane
Torquay TQ1 2AU
Other
Leasehold
8 Nov 2024£22,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TQ1

Buying costs

Monthly repayment£900£18,000 deposit · £162,000 loan
Stamp Duty£1,100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Bettesworths, Devon on Rightmove (original listing). First listed 8 Oct 2025; details checked 7 Nov 2026. Latest change: reduced on 20/11/2025.

Agent disclaimer

Disclaimer - Property reference 12766435. 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 Bettesworths, Devon. 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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