Flat 2, Rialto
Flat 2, Rialto
Description & Estimates
The public record describes Flat 2, Rialto, Torquay as a period apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, Rialto, Torquay has an estimated sale value of £175,954 and an estimated rental value of £950 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rialto, Higher Erith Road, Torquay, TQ1.
Higher Erith Road, Torquay, TQ1 lies within the TQ1 postal district.
Our Data Sources
Flat 2, Rialto, Torquay has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Rialto, Torquay would be worth £184,752, with a potential rental value of £998 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,637, with a rental value of £884 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Rialto, Torquay has declined by £4,602 (2.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (4.2%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
Flat 2, Rialto, Torquay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 530 metres of Flat 2, Rialto, Torquay across the last 2 years.
Most recently, Flat 5, Kinbrae, Middle Warberry Road, Torquay, TQ1 1RN, a leasehold flat, sold at £83,000 on the 4th February 2008.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Rialto, Torquay as the 171st largest and the 71st most expensive of the 194 addresses on Higher Erith Road, Torquay, TQ1.
Against the TQ1 postcode district average, it is £84k less expensive than the typical property.
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Schools Nearby
- 500mIlsham Church of England Academy
- 700mWarberry CofE Academy
- 1.2kmAll Saints Babbacombe CofE Primary School
- 1.6kmThe Spires College
- 2.8kmSt Cuthbert Mayne School
- 2.9kmTorquay Academy
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Public Transport Nearby
Torquay station is the nearest stop to Flat 2, Rialto, Torquay at 2.3 kilometres away.
- 2.3kmTorquay
- 2.7kmTorre
- 4.9kmPaignton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
