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2 bed flat for sale

£125,000

Magdalene Road, Torquay TQ1

2 bed flat for sale 2 1 1
Interested in this property? Call +44 1803 268118 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Ground Floor Apartment
  • No Onward Chain
  • Two Generously Sized Double Bedrooms
  • Detached Garage & Driveway
  • Private Garden with Patio
  • Gas Central Heating & UPVC Double Glazing
  • New Boiler & Central Heating System
  • Share Of Freehold, 961 Years Remaining

Property description

Description

This ground floor apartment presents an outstanding opportunity in Torquay. Boasting two generously sized double bedrooms, this property includes desirable features such as a detached garage, a driveway and a private garden. Modern comforts include gas central heating and UPVC double glazing. Recent upgrades to the central heating system and a new boiler enhance the property's functionality. Offered in fantastic condition and with no onward chain, this property appeals to both first-time buyers and buy-to-let investors. The apartment also has a large private garden, laid out to a patio for ease of maintenance.

Conveniently located within a short stroll of local amenities, Torquay Town Centre, and the Coach Station, this property offers easy access to public transport links facilitating travel to surrounding areas including Newton Abbot and Paignton.

Council Tax Band: A (Torbay Council)
Tenure: Share of Freehold (961 years)
Ground Rent: £0 per year
Service Charge: £35 per month
999 years remaining on the lease from 29 September 1986.

1/3 share of the freehold.

Accommodation Overview

Accessed via Magdalene Road, a shared pathway leads you to the spacious private garden, bathed in sunlight from its south-easterly orientation and laid to a patio. Through the garden, double glazed French doors open into the inviting living room, furnished with laminate wood effect flooring. Flowing seamlessly from the living room into the well-appointed kitchen, boasting a range of wall and base units complemented by roll edge countertops with tiled splashback. The countertop extends at one end to form a breakfast bar, adding elegance. The kitchen is equipped with integrated appliances including an oven and countertop gas hob. Space and plumbing is provided for a washing machine and there is space for a free-standing fridge/freezer. This apartment comprises two double bedrooms, alongside a modern three-piece shower room. Outside, at the front of the property, a driveway offers parking space for one vehicle, granting access to the up-and-over garage, complete with lighting and power.

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for TQ1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £666,342 £264 3.9 £671,982
Semi-detached £432,648 £208 3.5 £296,398
Terraced £298,130 £197 3.1 £233,079
Flats £200,810 £215 1.9 £171,223

Current asking prices in TQ1

Average: £352,672
Avg. current asking prices in TQ1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £242,500
(2)
£256,433
(59)
£299,536
(128)
£532,857
(81)
£925,157
(28)
Flats £124,217
(52)
£241,699
(184)
£324,576
(37)
£505,833
(6)
-
All £128,598
(54)
£245,276
(243)
£305,151
(165)
£530,993
(87)
£925,157
(28)

Current asking rents in TQ1

Average: £1,052 pcm
Avg. current asking prices in TQ1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £469 pcm
(4)
£898 pcm
(5)
£1,158 pcm
(6)
£1,712 pcm
(2)
£2,994 pcm
(1)
Flats £767 pcm
(10)
£1,032 pcm
(15)
£1,109 pcm
(3)
£1,248 pcm
(1)
-
All £682 pcm
(14)
£998 pcm
(20)
£1,142 pcm
(9)
£1,557 pcm
(3)
£2,994 pcm
(1)

Fun facts for TQ1

Highest value in TQ1
Highest value streets Zed-Index
Lydwell Road £889,497
Ridge Road £847,299
Ashley Priors Lane £743,671
Park Hill Road £705,399
Wellswood Avenue £704,816
Highest turnover in TQ1
Highest turnover streets Turnover
Ansteys Close 52.9%
Chilcote Close 50.0%
Moorhaven Close 50.0%
St. Michaels Close 42.9%
Montpellier Road 40.6%
Arrange Viewing

For more information about this property, please contact
Daniel Hobbin Estate Agents, TQ1 on +44 1803 268118 * (local rate)

Monthly running costs Beta

£716 Monthly total

Mortgage

Purchase price
Deposit (10%) 12,500
Repayment term 25
Interest rate 2.0
Your payment £476 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £13/mo (£151/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £41 Estimated energy cost £62/mo

Similar properties could save up to £141

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7500 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Torbay

Estimated tax band A Council tax cost £109 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £22 Sewerage £34 Estimated water cost £56 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Daniel Hobbin Estate Agents, and do not constitute property particulars. Please contact Daniel Hobbin Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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