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Residential Development Opportunity, The Halcyon, Abbey Road, Torquay, TQ2 5NH

30,995 Sq Ft / Other / Residential

Sold - Last updated: 23 October 2026

A prominent former office building totalling approximately 2,880 sq m (30,995 sq ft) arranged over basement, ground and five upper floors on a site of approximately 0.06 hectares (0.15 acres). The building benefits from planning permission for 49 residential units (43x one bedroom and 6x two bedroom units) and we understand that the building has been stripped out internally and some redevlopment works commenced. The proposed accommodation is arranged as follows:

  • Lower ground floor: 4x one bedroom units
  • Ground floor: 7x one bedroom units/1x two bedroom unit
  • First floor: 7x one bedroom units/1x two bedroom unit
  • Second floor: 7x one bedroom unit/1x two bedroom unit
  • Third floor: 6x one bedroom units/1x two bedroom unit
  • Fourth floor: 6x one bedroom units/1x two bedroom unit
  • Fifth floor: 6x one bedroom units/1x two bedroom units 

Location

Torquay is a popular costal town on the south west coast of England in an area known as the English Riviera lying approximately 22 miles south west of Exeter and 28 miles east of Plymouth. It can be accessed via the A380 trunk road, which links with the M5 motorway to the north. The A385 and A38 provide access to Plymouth and Cornwall and the A379 runs along the south coast providing access to towns and resorts including Teignmouth and Dawlish. Torquay railway station provides national and regional rail services including regular direct services to Exeter and London Paddington. Additonally numerous bus routes serve the area and Exeter Airport lies approximately 17 miles to the north.

Abbey Road lies just to the north of the town centre which is within a few minutes' walk. The property lies on the south side of the road at its junction with Warren Road in a mixed residential and and commercial area.

Accommodation

Lower ground floor - 450 sq m (4,841 sq ft)

Ground floor - 450 sq m (4,841 sq ft)

First floor - 450 sq m (4,841 sq ft)

Second floor - 450 sq m (4,841 sq ft)

Third floor - 360 sq m (3,877 sq ft)

Fourth floor - 360 sq m (3,877 sq ft)

Fifth floor - 360 sq m (3,877 sq ft)

Total - 2,880 sq m (30,995 sq ft)

Terms

Tenure - Freehold

Guide Price - £450,000

Planning - Planning permission was granted in December 2025 for a change of use from offices (Class E) to residential (Class C3) to provide 49 flats. We understand that the planning permission is extant but prospective purchasers are advised to make their own enquiries of Torbay Council (01803 207801) - www.torbay.gov.uk. Copies of the relevant planning documents and floor plans can be found within the legal pack.

Buyer's Fee - A Buyer's Fee of £3,000 (inclusive of VAT) is applicable to the successful purchaser of this lot. If you have not made the successful bid for the property, the Buyer's Fee will be refunded to you.

Specification

  • Freehold residential development opportunity
  • Former office building totalling approximately 2,880 sq m (30,995 sq ft)
  • Planning permission for 49 residential units 
  • 43x one bedroom units and 6x two bedroom units
  • Site area approximately 0.06 hectares (0.15 acres)
  • Close to town centre and railway station
  • Vacant possession 

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