For sale Flat

Fleet Street

Torquay, TQ2, TQ2 5DW

2 beds 2 baths Listed 18 Feb 2026 (-205d)

£115,000

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Property details

Tenure

LEASEHOLD (194 years remaining on lease)

Last sold

£135,000

Local average

£153,175 (-24.9%)

Deprivation

Decile 1 (1,153 of 33,755)

Street crime

531 incidents within 1 mile (Jul 2026)

Key features

  • TWO BEDROOM APARTMENT
  • LOCATED IN TOWN CENTRE
  • RECENT DEVELOPMENT
  • IN NEED OF SOME DECORATION
  • EN-SUITE
  • CHAIN FREE

Description

A spacious two bedroom upper floor apartment located in the heart of Torquay town centre. It was newly converted in 2020 and as such has a modern finish throughout. It comprises two bedrooms, large open plan living room with kitchen and dining space, a family bathroom and en-suite.
The apartment is offered for sale with no onward chain.

Location
The development is situated just a short stroll from the bustling harbour side along with its variety of amenities, restaurants, cafes and local attractions. The Princess Theatre is within close proximity, as well as Torquay's deep-water marina, perfect for those with a passion for the ocean. The strand is home to an array of bus stops offering flexible transport to many destinations and Torquay Train station is approximately 1 mile away along the seafront.

Torquay is home to an array of picturesque landmarks and local attractions to include Princess Theatre, Kents Cavern and the Model Village. A variety of beaches are on offer for both sun loungers or water sports enthusiasts with the power boat racing event occurring annually. The new South Devon Highway provides a faster route to the A38 with a journey time of approximately 30 minutes to The Cathedral City of Exeter.

Agents notes: A selection of photos from the whole development have been used and do not necessarily represent the apartment shown.

Listed by

Torquay

HS Owen LTD

Reference: 172329224

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 1, 42-45 Fleet Street, TORQUAY 65 65 64 m² — Flat
Flat 1, 53 Fleet Street, TORQUAY 74 74 51 m² — Flat
Flat 2, 42-45 Fleet Street, TORQUAY 61 61 71 m² — Flat
Flat 2, 53 Fleet Street, TORQUAY 73 73 53 m² — Flat
Flat 3, 42-45 Fleet Street, TORQUAY 62 62 68 m² — Flat
Flat 3, 53 Fleet Street, TORQUAY 73 73 65 m² — Flat
Flat 4, 42-45 Fleet Street, TORQUAY 66 66 64 m² — Flat
Flat 4, 53 Fleet Street, TORQUAY 80 80 51 m² — Flat
Flat 5, 42-45 Fleet Street, TORQUAY 62 62 71 m² — Flat
Flat 5, 53 Fleet Street, TORQUAY 78 78 59 m² — Flat
Flat 6, 42-45 Fleet Street, TORQUAY 62 62 68 m² — Flat
Flat 6, 53 Fleet Street, TORQUAY 79 79 65 m² — Flat
Flat 7, 42-45 Fleet Street, TORQUAY 59 59 64 m² — Flat
Flat 7, 53 Fleet Street, TORQUAY 77 77 44 m² — Flat
Flat 8, 42-45 Fleet Street, TORQUAY 59 59 71 m² — Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~342 m² (0.08 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan

Floorplan

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

Price history

Event Date Price % change
Listed for sale — £115,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
FLEET COURT, 26 FLAT 6 FLEET STREET, TORQUAY, TORBAY, TQ1 1DR £97,000 15/12/2025 Flat
Same street URBAN RISE 42-45 FLAT 5 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £110,000 05/12/2023 Flat
9A ROCK ROAD, TORQUAY, TORBAY, TQ2 5SP £108,000 06/04/2023 Flat
FLEET COURT, 26 FLAT 10 FLEET STREET, TORQUAY, TORBAY, TQ1 1DR £114,250 07/12/2022 Flat
2A COBURG PLACE, TORQUAY, TORBAY, TQ2 5SU £119,950 25/11/2022 Flat
Same street URBAN RISE, 42 - 45 FLAT 2 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £150,000 30/09/2022 Flat
Same street 49 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £490,000 09/09/2022 Flat
6A COBURG PLACE, TORQUAY, TORBAY, TQ2 5SU £84,000 17/06/2022 Flat
FLEET COURT, 26 FLAT 17 FLEET STREET, TORQUAY, TORBAY, TQ1 1DR £121,000 13/06/2022 Flat
Same street URBAN RISE, 42 - 45 FLAT 8 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £135,000 22/03/2022 Flat
3A MELVILLE PLACE, TORQUAY, TORBAY, TQ2 5SY £106,000 21/03/2022 Flat
Same street URBAN RISE 42-45 FLAT 7 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £127,500 09/02/2022 Flat
Same street URBAN RISE 42-45 FLAT 4 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £140,000 21/12/2021 Flat
7A COBURG PLACE, TORQUAY, TORBAY, TQ2 5SU £105,000 17/12/2021 Flat
6B COBURG PLACE, TORQUAY, TORBAY, TQ2 5SU £85,000 08/12/2021 Flat
FLEET COURT, 26 FLAT 19 FLEET STREET, TORQUAY, TORBAY, TQ1 1DR £120,000 19/11/2021 Flat
Same street FLAT 9 URBAN RISE, 42 - 45 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £127,500 30/09/2021 Flat
Same street URBAN RISE 42-45 FLAT 6 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £135,000 30/09/2021 Flat
Same street URBAN RISE 42-45 FLAT 1 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW £135,000 30/09/2021 Flat

Street average: £172,222 (9 sales)

Area average: £106,020 (10 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 3.4%
10y growth -24.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Torbay. Series: Flats and maisonettes. As of June 2026.

1y (index) -3.1%
5y (index) -2.6%
10y (index) 17.8%

Rental Range

Estimated market rent for Torbay. Low = conservative, Realistic = average, Optimistic = best case.

Low £825/mo
Realistic £917/mo
Optimistic £1,009/mo

Based on Local Authority from postcode lookup → Torbay.

LHA (30th percentile) floor for South Devon: £673/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View TQ2 5DW

Address

Fleet Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Edinburgh Wollen Mill 0.0 miles
Bus stop Tesco 0.0 miles
Shop TK Maxx 0.0 miles
Train station Torquay 0.7 miles
Train station Torre 1.0 miles
Hospital Dartmouth and Kingswear Hospital 8.2 miles
Hospital Dawlish Community Hospital 8.4 miles

Street-level crime

Category Count
Violence and sexual offences 216
Anti-social behaviour 81
Shoplifting 50
Criminal damage and arson 37
Other theft 37
Public order 29
Drugs 21
Burglary 15
Other crime 10
Possession of weapons 10
Vehicle crime 9
Robbery 8
Theft from the person 5
Bicycle theft 3
Total incidents 531

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Eat That Frog C.I.C Other 0.3 miles — (No rating)
Warberry CofE Academy Primary 0.5 miles Good — 24 Jan 2024
Ellacombe Church of England Academy Primary 0.6 miles Good — 18 Jun 2024
Upton St James CofE Primary School Primary 0.8 miles — (Inspected (no overall grade))
Cockington Primary School Primary 0.8 miles Inadequate — 5 Dec 2021

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, St. Luke's Road South, TQ2 £1,200/mo 2 0.15 miles OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.04%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 12.5%
Cost-to-rent ratio 8×
Monthly cashflow £602/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 21.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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