Flats 1-3, 25 Walnut Road, Torquay, Devon TQ2 6HP

A rare opportunity to acquire three long leasehold flats as a single lot, in a premium and sought after corner position in Chelston, Torquay.

All three flats are currently let, producing a combined income of £22,950 per annum, with Section 8 notices served on the tenants on 06/07/2026.

The property occupies a prominent corner position at the junction of Walnut Road and Old Mill Road, Chelston. The building is arranged over 3 storeys. The ground floor of the building is in separate commercial occupation and does not form part of this sale.

The upper two floors comprise three self-contained residential flats, each held on an long leasehold titles. Flat 1 and 2 are registered under title number DN255711. Flat 3 is registered under title number DN616838

The flats have no parking or private outside space.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £2,100 inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.