Torbay is a popular tourist destination and has a high demand for rental homes.
Being a result-oriented property investor, you can enjoy the best of both worlds and maximize your profit margins by investing in Torbay rental property.
But if you want to escape the troubles of handling the tenants, maintaining your property, and worrying about a steady rental income, then investing in apartments with guaranteed rent in Torbay can be a great option.
But out of hundreds of apartments in the town, which can be the ideal place to invest?
Let’s find out.
List of 5 Stunning Apartments in Torbay With Guaranteed Rent
Out of multiple stunning apartments in Torbay with guaranteed rent, we have selected the top 5 which can be suitable for your investment.
1. De’nada – Luxury Retreat
A luxury sea-view-facing apartment offering couples a luxury retreat for weekend getaways or luxurious holidays.
Located in Torbay, Devon, United Kingdom, the apartment can be a great investment space for you if you are looking to rent out your property and receive a steady rental income flow under a guaranteed rent scheme.
The apartment’s living room has three seating areas. Not only that, each has its own sea views through sliding doors and a wide picture window.
The master bedroom is airy and sumptuous with crisp linen adorning a large bed, and the great bathroom comes complete with a freestanding deep bathtub and spacious walk-in shower.
Although the property doesn’t provide allocated parking, free on-road parking outside the property is available. Alternatively, with 0.1 miles, one can access the Sheddon Hill Long Stay Car Park.
Tactile soft furnishings, palms, and pieces of art in the rooms juxtapose the minimalist white colour pattern and marble effect floor. Granite worktops, sleek units, and light fittings in the kitchen feel bespoke and high-end.
2.180° Water View Apartment hosted by Shane
A relaxing property with a private balcony can enable the tenants to enjoy the expansive water and marina views. The stylish one-bedroom apartment can be a great investment for you to avail the guaranteed rent scheme and enjoy a steady cash flow to accomplish your financial goals.
The unit is spacious, airy, and light and features a king-sized bed. The tenants can watch the sailboats during the day and the sunset at night. The views can be breathtaking as the location of the property is great.
Professional companies or agents will be more than happy to provide you a guaranteed rent for this amazing property because they don’t need to work hard to generate rent from this luxury apartment. The property is close to Torre Abbey Beach, which has some excellent restaurants and cafés.
There is free on-street parking and the property is a 15-minute walk from the train station. The space has its kitchen, wifi, beach, and bay view to provide the best space for the tenants to live in.
3. Apartment 3, The Bay
The property is simply immaculate, has beautiful views out to sea, and is a short distance away from the beach. Located at Cary Road, Torquay, Devon, TQ2 5DR, it’s one of the great investment spaces for you to invest and avail the benefits of the guaranteed rent scheme.
The holiday apartment is one of the top high-specification apartments and is ideally positioned for tenants to enjoy all that Torquay has to offer. The property is fully furnished to a great standard throughout and has French doors leading to the garden.
Because of its elevated position and far-reaching sea views, the property is perfect for relaxing and al-fresco dining. It is in an excellent location for a friend or family to get together which makes it easier for the company or agents to further rent it out to the tenants.
It’s within close proximity (1 mile) of a train station and has a beach within 2 km of the establishment.
4. 16 Trinity Mews
Located in Trinity Hill, Torquay, Devon, TQ1 2AS, the property is within a historic grade 2 listed mews building that once housed horses and carriages.
The property has one room with two single beds, one double bedroom, a kitchen-lounge area, and a shower-toilet room. It is situated on a quiet side street, but it is minutes away from Torquay’s bustling Harbour area, which has all the shops, restaurants, pubs, and bars.
The property is ideal for a car-free getaway because the Harbour area is also the focal point of the bus network, and Torquay is well-served by coaches and trains.
The flat may be compact, but it is fully furnished and has a well-equipped kitchen, including a new fridge/freezer, dishwasher, washer/dryer, full-sized oven, and gas cooking hob, among others.
5. Belgravia Luxury Holiday Apartment
The property is only 500 meters from the seafront and promenade, and a few minutes walk from Torquay town center. It’s a great investment opportunity for you to avail the guaranteed rental scheme as the property is only a short walk to the multiple attractions that the area offers and leisure facilities.
The tenants can access the strong connectivity of the area as the property is close to the Torquay local bus standard the railway station is also 15 minutes walk away.
The luxurious apartments are equipped with fully furnished facilities and don’t require major changes from your guaranteed rent provider.
Once you decide to invest in one of these top properties in Torbay, then you need to associate with a guaranteed rent provider to avail of the rental scheme.
But choosing an ideal Torbay guaranteed rent provider company can be overwhelming. That’s where you can trust Pluxa Property.
How Can Pluxa Property Help?
We at Pluxa Property offer a guaranteed rent scheme that guarantees you regular rental income in Torbay. We are aware of your problems because of our years of experience in helping landlords in getting the best-guaranteed rent deals.
Our property management services guarantee you reasonable rent and cover different aspects of property management like contract negotiation, tenant screening, and thorough referencing.
FAQs
What is guaranteed rent in Torbay?
Guaranteed rent in Torbay refers to a type of rental arrangement where the landlord is guaranteed a set amount of rent, regardless of whether the property is occupied or not. The terms and conditions of guaranteed rent in Torbay will vary depending on the provider, but it typically involves the rental management company or the local council paying the landlord a set amount of rent each month for a specified period of time.
How does guaranteed rent work in Torbay?
The specific details of how guaranteed rent works in Torbay may vary, but generally, it operates as follows:
1. You sign a contract with a rental management company or the local council to have their property managed.
2. The rental management company or council assumes responsibility for finding tenants and collecting rent.
3. You are guaranteed a set amount of rent each month, regardless of whether the property is occupied or not. This rent is paid by the rental management company or council.
Once both parties agree to the terms and conditions, the guaranteed rent agreement gets activated.
What are the benefits of guaranteed rent in Torbay?
Guaranteed rent in Torbay can offer several benefits to you like:
1. Stability and security
2. No void periods
3. Peace of mind
4. Professional management
Peter Juhasz is the founder of Pluxa Property, the biggest property investment company in UK and Group CEO of AIP Capital Group and a property investment expert with over a decade of experience in the UK market.
He built a successful property company using innovative cashflow strategies like Serviced Accommodation and HMOs, scaling to 200 units in four years.
Peter leads a team specializing in property and business acquisitions across various sectors. A former co-host of “Cashflow With Property,” he shares his expertise in real estate investing and business scaling.
He is committed to continuous learning and helping SME owners and investors maximize their returns, driven by his passion for empowering others to achieve their financial goals.
To learn how Pluxa Property can help you in UK property investment, contact our experts.
