Sold STC Flat

Fleet Street

Torquay, TQ2 5DW

2 beds 2 baths Listed 5 Feb 2026 (-166d)

£115,000

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# 2 bedroom flat for sale (TQ2 5DW)

## Property Details

| Key | Value |
|-----|-------|
| Address | Fleet Street, Torquay, TQ2 5DW |
| Price | £115,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £135,000 |

## Description

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. Both Living Coast and The Princess Theatre are 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.

## Property Photos

- ![Photo 12](/listings/photos/171889970/856769) - Photo 12
- ![Photo 1](/listings/photos/171889970/856770) - Photo 1
- ![Photo 11](/listings/photos/171889970/856771) - Photo 11
- ![Photo 14](/listings/photos/171889970/856773) - Photo 14
- ![Photo 15](/listings/photos/171889970/856775) - Photo 15
- ![Photo 16](/listings/photos/171889970/856778) - Photo 16
- ![Photo 17](/listings/photos/171889970/856785) - Photo 17
- ![Photo 18](/listings/photos/171889970/856789) - Photo 18
- ![Photo 19](/listings/photos/171889970/856791) - Photo 19
- ![Photo 20](/listings/photos/171889970/856793) - Photo 20

## Floorplans

- ![Floorplan](/listings/photos/171889970/856795) - Floorplan

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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] URBAN RISE 42-45 FLAT 1 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW | £135,000 | 30/09/2021 | 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 |

**Street average:** £172,222 (9 sales)
**Area average:** £106,020 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £151,050 (20 Flat, TQ2, 2024–2026)
- **Deviation:** -23.9%

## Rental Range

*ONS Price Index of Private Rents (Torbay). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £817/mo
- **Realistic:** £908/mo
- **Optimistic:** £999/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South Devon (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## 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, Market Street, TQ1 | £900/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Meadfoot Lane, TQ1 | £1,195/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £1,048/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.91% (okay)
- **Max investor price (0.8%):** £131,000
- **Target investor price (1%):** £104,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,048/mo).*

- **Gross yield:** 10.9%
- **Cost-to-rent:** 9.1×
- **Monthly cashflow:** £465/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -5.9%
- **10y growth:** -2.6%

## House Price Index (HM Land Registry)

*Official index for Torbay; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.3%
- **5y growth (index):** -1.8%
- **10y growth (index):** 19.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 12 Photo 1 Photo 11 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20

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Property details

Tenure

LEASEHOLD (194 years remaining on lease)

Last sold

£135,000

Local average

£151,050 (-23.9%)

Deprivation

Decile 1 (1,153 of 33,755)

Street crime

453 incidents within 1 mile (May 2026)

Key features

MODERN APARTMENT
IMPRESSIVE OPEN PLAN LOUNGE & KITCHEN
NO ONWARD CHAIN
MODERN KITCHEN WITH GRANITE WORK SURFACES
CLOSE TO TORQUAY HARBOUR
MASTER EN-EUITE

Description

A well presented 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. Both Living Coast and The Princess Theatre are 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: 171889970

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)

Floorplans

Floorplan

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 URBAN RISE 42-45 FLAT 1 FLEET STREET, TORQUAY, TORBAY, TQ2 5DW	£135,000	30/09/2021	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

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 -5.9%

10y growth -2.6%

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

1y (index) -6.3%

5y (index) -1.8%

10y (index) 19.6%

Rental Range

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

Low £817/mo

Realistic £908/mo

Optimistic £999/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	186
Anti-social behaviour	68
Criminal damage and arson	36
Other theft	36
Shoplifting	33
Public order	20
Burglary	19
Drugs	16
Vehicle crime	13
Theft from the person	9
Robbery	6
Possession of weapons	5
Other crime	4
Bicycle theft	2
Total incidents	453

Within 1 mile during May 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, Market Street, TQ1	£900/mo	2	0.25 miles	OpenRent
2 Bed Flat, Meadfoot Lane, TQ1	£1,195/mo	2	0.34 miles	OpenRent

Average rent: £1,048/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.91%

Max investor price (0.8%) £131,000

Target investor price (1%) £104,800

Gross yield 10.9%

Cost-to-rent ratio 9.1×

Monthly cashflow £465/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 16.7%

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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