Investment Property in Torquay

£495,000 Freehold
  • thorpe4
thorpe4

Investment Property in Torquay

Thorpe Lodge, 530 Babbacombe Riad, Torquay, Devon, TQ1 1HH

A wonderful investment opportunity comprising of 4-bedroom Victorian Villa, enjoying a south elevation with direct views over the adjacent Torwood Gardens Park. Thorpe Lodge features fine reception rooms with elegant high ceilings complete with the original ornamental plasterwork and a particularly excellent Petitor pink marble fireplace in the drawing room. With an impressive frontage together with generous parking and driveway entrance with an easily managed yet very private garden area, this is an opportunity not to be missed. ...


LOCATION

Ideally located just a short walking distance to the picturesque marina and harbour of Torquay’s seafront and the walk along the esplanade giving wonderful views over Torbay towards Paignton and Brixham.  Also within a short walk is the main shopping precinct, the Princess Theatre and the Riviera Convention Centre.

 

BUSINESS

This property could easily rent out for holiday lets at a approx. £2,500 per week which has been achieved in the past and we the agent envisage a realistic income of circa £35,000 exclusive. Because of its location, quality accommodation, gardens, views, extensive parking and only being minutes’ walk to the harbour & town centre, this would prove to be a popular choice should one place this onto the open rental market. Currently owner occupied and no historical trading figures available.

 

ACCOMMODATION  

Through a double pillared entrance to the tarmacadam and part brick, paved and cobbled forecourt leading to impressive double Corinthian pillared entrance porch with overhead light and hardwood panelled front door with glazed side-screens opening to the:

 

ENTRANCE VESTIBULE

With tiled floor in high quality ceramic woodblock veneer finish tiles.  Double Georgian paned doors opening to:

 

DINING HALL

12’ 7” x 10’ 7” (3.83m x 3.23m)

An attractive room looking towards the galleried landing above.  Feature Adam style illuminated niche with shell and plaster motif.  Ornamental cornice work to ceiling, radiator and panelled door to:

 

MAIN RECEPTION HALL

An impressive hall with cornice work to ceiling and a wide sweeping staircase.  Area for coats, storage cupboards and shoe cupboard, radiator, door to extensive cellarage and panelled door to:

 

DRAWING ROOM

23’ x 5” x 14’ 3” (7.15m x 4.35m)

High ceiling with Victorian ornamental plaster work and ceiling rose, original local Petitor polished marble fireplace with Victorian cast iron inset and fitted with a living flame coal gas fire.  Double radiator, original picture rail, walk-in bay window and double-glazed windows with glazing bars in traditional style and French doors leading out onto the patio and garden.

 

From the Reception Hall, a panelled door opens to the:

 

SITTING ROOM

18’ 7” x 14’ 10” (5.66m x 4.53m)

High ceiling with Victorian plaster work and cornice, carved pine mantelpiece with marble inset and living flame coal gas fire.  Two radiators.  Two windows with double glazed units in traditional style complete with original working window shutters and surrounding panelling.

 

From the Dining Hall, a panelled door leads to the spacious:

 

KITCHEN

13’ 10” x 13’ 6” (4.22m x 4.11m)

Fitted with a wide range of timber fronted units comprising base cupboards and drawers, wide range of wall cabinets with leaded light glass fronted china display cupboard and corner shelves.  Panelled door leads to a spacious larder with space for fridge and freezer and shelving to alcove.  Circular sink unit with matching drainer, incorporated double oven/grill and five ring gas hob unit with cooker hood over.  Fitted dishwasher, part tiled walls, fitted breakfast bar, radiator and ornamental cornice work to ceiling.

 

UTILITY ROOM

10’ 8” X 9’ 5” (3.24m X 2.87m)

With ceramic tiled floor and walls, Ideal gas fired boiler for central heating and domestic hot water.  Storage cupboard with gas meter, radiator, corner storage cupboards, plumbing for automatic washing machine and space for dryer.  Stainless steel sink unit with chrome mixer tap and cupboards under.  Double glazed window to the front elevation and single glazed window looking over the rear courtyard with a door opening to this area.

 

From the kitchen, a panelled door opens to the:

 

STUDY

8’8” X 6’6” (2.64m 1.98m)

Double glazed window overlooking the courtyard and radiator. From the Reception Hall, the impressive wide staircase with polished solid mahogany handrail and spindles rise to the first floor galleried landing approached through an attractive archway and provides an area ideal for a desk.  Radiator.

 

FIRST FLOOR

 

CLOAKROOM

With close coupled WC, pedestal wash hand basin, radiator, extractor fan and access to roof.

 

BATHROOM

Suite of panelled bath with twin handgrips and shower fitting, curtain and rail, close coupled WC and pedestal wash basin.  Electrically heated chrome towel rail, plate glass display shelf, shaver point, fully tiled walls, wall light, ceiling light and extractor fan.

 

BEDROOM 4

14’ 5” x 9’ 11” (4.39m x 3.03m)

Coved ceiling, radiator and double-glazed window.

 

BEDROOM 3

11’ 6” x 10’ 8” (3.50m x 3.26m)

Coved ceiling, radiator and double-glazed window with a pleasant view towards Torwood Gardens and a glimpse towards the sea at Torbay.

 

From the galleried landing, a staircase rises to the Second Floor Galleried Landing with access to roof space, radiator, storage cupboard and archway to the Inner Landing Area leading to:

 

BEDROOM 2

15’ 0” x 14’ 1” (4.58m x 4.28m)

Cornice work to ceiling, radiator and two double glazed windows, one with a pleasant south facing view over Torwood Gardens.

 

BEDROOM 1

18’ 8” X 15’ (5.68m x 4.56m)

Two double glazed windows with shutter detailing and panelled surrounding with views over Torwood Gardens.  Lofty ceiling height with ornamental cornice work, radiator and panelled door to:

EN-SUITE SHOWER ROOM

Shower cubicle, pedestal wash hand basin an WC.  Fully tiled walls. Coved ceiling, electric shower point, plate glass mirror, wall lights, ceiling lights and extractor fan.

 

From the Reception Hall, a staircase leads to the original:

 

VICTORIAN WINE CELLAR

At present arranged in two rooms with slate floor and wine storage area.  Timber board panelled walls, extractor fan and a second Office Area, ideal as a computer room with slit windows looking towards the garden, double radiator, night storage heater, book shelves to alcove and florescent lighting.

 

GARDEN

A screened wall and gateway opens to the enclosed lawned garden giving a very high degree of privacy and it’s partly fenced and boarded by mature trees and hedging.  Timber garden store and outside water tap.

 

DETACHED GARAGE

17’ 8 “x 9’ 10” (5.39m x 3.00m)

Built in period style with slate roof, fluorescent lighting and power connected. Parking forecourt proving ample parking

 

FIXTURES AND FITTINGS

All trade fixtures and fittings with the exception of our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

 

SERVICES

Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

 

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

 

TENURE

Freehold

 

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880 Email. info@warecommercial.com   www.warecommercial.com


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.