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£230,000

Sovereign House, The Terrace, Torquay, TQ1

  • 2 beds
Flat

£230,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,050 per month

Minimum deposit amount:

£11,500
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Located in the historic Sovereign House, this two-bedroom maisonette offers a rare blend of classic architecture and modern living, thoughtfully updated to provide contemporary comforts. As a Grade II listed building, built in 1811, the building's impressive exterior has been recently redecorated, showcasing its period features and distinctive character. The property is accessed through the front entrance on The Terrace or via a private gated entrance on Montpellier Road. It has the added advantage of an allocated parking space and private courtyard, as well as secure storage rooms available for each apartment.

Offered for sale chain-free, this maisonette presents an excellent opportunity for home-seekers or investors benefitting from its prime location. Positioned close to Torquay's picturesque harbourside, deep-water marina, and lively town centre, it offers an idyllic coastal lifestyle with easy access to a variety of amenities, shops, and dining options. The nearby Princess Theatre and the addition of the new Hilton Hotel further enhance the area's appeal, providing both residents and visitors with a vibrant cultural and social scene.

Tenure: Leasehold (981 years)
Service Charge: £3,055 per year
There are 981 years remaining on the lease as of September 2024.

The service charge for the period from 1st July 2024 to 30th June 2025 was £3,055. For that period, the vendor has paid in full.

The management company is Sovereign House Torquay Management Company Ltd, which is controlled by individual leaseholders who set policy and direction. Directors are leaseholders appointed by the leaseholders. There is also an appointed service company, Carrick Johnson Management Services (CJMS), which handles day-to-day management and liaises with service providers such as cleaners and maintenance companies. The service fee covers building insurance and third-party liability, a sinking fund for internal and external decoration (done every five years; the current value of the sinking fund is unknown to us, but a full external redecoration was completed in 2023), maintenance of the lift, door entry system, and rear electric gates, cleaning and general maintenance of communal areas including the internal and external car park, communal electricity and water supply (each apartment has individual water, gas, and electricity meters), fire safety measures including the fire alarm system and regular safety checks, and professional fees for CJMS and accountants.
Parking options: Off Street, Residents
Garden details: Private Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


Entrance
The property can be accessed from The Terrace at the front or via the residents' gated car park located at the rear. Upon entering the building, the shared areas provide access to both stairs and a lift servicing all floors. In addition, there are stairs leading down to a locked communal storage room where this property's designated storage space is located. Entry into the apartment is through the communal hall, leading to an inner hallway with a further private door opening into the main living areas. This hallway is equipped with a wall-mounted intercom and a thermostat heater control.

Living room
A generously proportioned living room features a neutral colour scheme and wood-effect flooring. A sash window to the rear allows ample natural light, while ceiling spotlights provide additional brightness. The room is equipped with a telephone/broadband point and a TV aerial point for connectivity.

Kitchen
The kitchen is appointed with Gunsmoke grey cabinetry, complemented by solid granite countertops that extend upwards to form a matching splashback, contrasting elegantly with the adjoining white tiled splashback. A stainless steel one-and-a-half bowl sink is inset into the countertop, with integrated grooves providing a built-in drainer. A sash window offers natural light to the space with a radiator positioned beneath. The kitchen is equipped with a range of integrated appliances, including a double oven, countertop gas hob, dishwasher, washing machine, and fridge/freezer. The gas boiler is discreetly housed within matching cabinetry, and the room is finished with wood-effect flooring.

Dining area
The dining area is open plan to the kitchen and can be reached via two steps descending from the landing staircase. A sash window provides natural light to the space, and there is a built-in storage cupboard housing the consumer unit.

Landing
The lower ground floor is accessible via stairs, with doors leading to both bedrooms and the shower room. The landing area also includes a built-in storage cupboard, complete with hanging rails and internal lighting.

Bedroom one
A bright and spacious primary bedroom, decorated in neutral tones and presented to a high standard. The room features a sash window with views of the courtyard, a wall-mounted radiator, and a TV aerial point.

Bedroom two
This double bedroom offers direct access to the courtyard garden, providing an ideal blend of indoor and outdoor living. The room is equipped with a wall-mounted radiator and a TV aerial point.

Shower room
A contemporary shower room, tastefully finished with fully tiled walls and flooring. The suite includes a double walk-in shower with both an overhead rain shower and a handheld shower attachment. Additional features include a wall-mounted vanity unit with an integrated wash basin and storage beneath, an illuminated mirrored cabinet above, and a low-level WC. A wall-mounted heated towel rail completes the room.

OUTSIDE
The property benefits from a courtyard area accessed directly from the second bedroom. Steps from the courtyard provide access to the gated parking area, where an allocated parking space is available.

Store room
The private storage cupboard is accessible via lift or stairs from the communal entrance. Storage space is generous and includes internal lighting.

Broadband
Broadband options available at the property include:
* Standard broadband (17Mbps download, 1Mbps upload).
* Superfast broadband (not available).
* Ultrafast broadband (1,000Mbps download, 100Mbps upload).
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