The Property
Accessed via the timber deck space to the front of the property and through the private entrance, you are welcomed into a bright entrance hallway leading to the modern, well-equipped kitchen, complete with space and plumbing for a washing machine and dishwasher, electric oven with extractor over and plenty of storage. The second bedroom is also situated on this level which is a good-sized double room currently used as a twin room. Also on this floor is a modern shower room with walk-in shower, WC and basin.
An internal staircase leads downstairs to the lower ground floor to the good-sized principal double bedroom, which benefits from built-in storage and a modern en-suite. The en-suite features a contemporary curved, double-ended jacuzzi bath with wall-mounted tap.
A further internal staircase continues to the first floor, where you will find a spacious living room with ample room for both comfortable seating and a dining table and chairs.
The property is furnished to a high standard throughout and is set up as a holiday let, offering an excellent opportunity for those looking for a coastal retreat with established holiday letting potential. The private car park and easy access to the beach, nearby cafés and pubs make this a popular location with holidaymakers, many of whom return year after year.
Income Projection
Luxury Coastal forecast that 17 At The Beach in Torcross will achieve a gross rental income in the following range:
Lower Expectation: £27,765
Upper Expectation: £30,850
This is based on the expectation of achieving 32 weeks of bookings, made up of weeks and short breaks.*
The Location:
An Area of Outstanding Natural Beauty, the coastal village of Torcross is nestled between the freshwater lagoon of Slapton Ley and the three-mile shingle beach of Slapton Sands. The area is a popular destination for holidaymakers, many of whom return year after year, attracted by the stunning scenery, coastal walks and enviable location. There is something for everyone, with Torcross particularly popular with families, dog owners and those with additional accessibility requirements. The village offers an authentic South Devon coastal experience, while providing easy access to the wider region and all that South Devon has to offer.
Further Information & Services:
Tenure: Leasehold. Approximately 983 years remaining. Annual maintenance charge of £2,400 (paid at £200 per month), plus insurance.
Council Tax Band: Not applicable – the property is a holiday rental. Property is on business rates.
EPC Rating: TBC - the EPC has been ordered and is expected to be an A or B Rating given it is a new property.
Construction Type: Block built with cement cladding and render
Services: Electricity, gas, mains water and sewerage.
Mobile Coverage: According to Ofcom, mobile coverage is available from major providers. Signal strength may vary.
Broadband Availability: Superfast fibre available – speeds up to 53 Mbps (according to Ofcom)
Flood Risk: According to the Environment Agency, the property is in low risk flood zone. Buyers are advised to conduct their own due diligence.
Planning or Development Issues: None known
Restrictive Covenants / Rights of Way: Property can only be used as a holiday rental or bolt hole.
In accordance with the Estate Agents Act 1979, we hereby disclose that the seller of this property is related to a director of Kingsbridge Estate Agents.
*Luxury Coastal Disclaimer: Rental forecasts are provided to give an indicative guide of the earning potential of the property in a full calendar year once established. Projections are based on the current market conditions for letting in the area and Luxury Coastal's knowledge of demand and pricing potential based on booking trends.
Additional Notes
Buyers are encouraged to review this information alongside a full survey and legal advice. Full due diligence should be undertaken before entering into a contractual commitment.
Disclaimer
Every effort has been made to ensure the accuracy of these property details, however, they do not form part of any offer or contract and should not be relied upon as statements of fact. All measurements, floor plans, and photographs are provided for guidance only and may not be to scale. Services, systems, and appliances listed have not been tested by the agent and no guarantees can be given as to their working order. Buyers are advised to obtain verification from their solicitor or surveyor before proceeding with any purchase. If the property is above or adjacent to a commercial premises, mortgage availability may be affected and independent financial advice should be sought.
