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Sea view from Torquay's Abbey Sands that costs almost £1million

By Herald Express  |  Posted: January 16, 2014

  • seafront: The new Abbey Sands Palm Court. Inset: Construction work continues

Comments (10)

THE new £12million Abbey Sands development has released some of the most expensive apartments in South Devon on to the market costing just under £1million.

The penthouse flats at the top of the former seafront Palm Court building offer some of the best views in the country.

One has already been reserved by someone with Torbay connections and the other is still on the market for £950,000.

John Couch, whose estate agent's company is selling the private apartments in what they describe as 'The English Riviera's most desirable address' said there had already been considerable interest, including phone calls from abroad.

The new building includes 14 luxurious residential apartments and 13 holiday let apartments.

Restaurant group Pierre Bistrot and all-day cafe/bar operators Loungers are already confirmed to be taking units.

Two further apartments have been reserved on level three.

The scheme is expected to be completed this summer.

The self-contained holiday letting apartments on the lower levels will be let by the developer Havard Estates.

John Couch said: "We have sold a penthouse in Imperial Court for slightly more. These are the most expensive currently on the market.

"We have had a lot of interest in the scheme, especially now it has been publicised on the internet, including from overseas.

"Apart from Seaway Court, it is the nearest you can be to the sea.

"The holiday apartments should also be very popular.

"When people can see the whole building, and the glass goes in and they start fitting out it should sell well. The prices we are achieving are reasonably good."

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10 comments

  • loveminuszero  |  January 17 2014, 9:38AM

    I think you'll be in secure accommodation by then, I wouldn't worry too much if I were you.

    Rate   2
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  • chunder12345  |  January 17 2014, 1:24AM

    i had a dream that a massive tidal wave flooded torbay. the worrying thing is this dream seemed real. hopefully its not a premonition but i have a bad feeling. it might not be worth bothering building this because i have a bad feeling an enviromental catastrophy is going to occur in britain. i have a strong psychic beleif britain is going to suffer an enviromental disaster.

    Rate   -4
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  • Azriel22  |  January 16 2014, 11:05PM

    ......... Pathetic that the council didn't use a compulsory purchase order to eliminate the poorly maintained properties alongside the development.while the site was in the hands of administrators - this is exactly the purpose of having a mayor with clout rather than the current nonentity.

    Rate   5
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  • loveminuszero  |  January 16 2014, 6:51PM

    Great appartments and a great view. They will eventually be bought by companies at knock down price and rented out a week at a time. Nobody would seriously want to live with thr surrounding multi occupancy hostels during the winter.

    Rate   -26
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  • TheLoveTank  |  January 16 2014, 1:31PM

    Properties in the centre/abbey road/belgrave road area are impossible to sell at the moment. It isn't just the tax payer who is paying for addict/criminal resettlement, it is the house seller as well.

    Rate   -27
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  • kraygerson  |  January 16 2014, 12:48PM

    I seriously doubt there has been as much interest as is claimed. There are superb 3/4 (or more) bedroom houses in some of Torbay's actual most desirable addresses - with sea views - on sale for a lot less than these flats. How some agents (no names mentioned!) continually get away with over-valuing properties that consequently sit unsold for months and months is beyond me. There's much to be said for good connections.

    Rate   -22
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  • TopMinstrel  |  January 16 2014, 11:25AM

    As long as it brings in Money and costs the Taxpayer nothing there is no problem. IF the proposed redevelopement of the Harbour area and Cary Green were going to be of the same assumed high standards that would also be outstanding, but I servely doubt it will, anyway who would want a million pound apartment overlooking the current Vomit baths, apart from overseas club owners ?

    Rate   -1
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  • Timbo175829  |  January 16 2014, 10:33AM

    More multi-million pound properties ready to be snapped up by millionaires from London and elsewhere in the country whilst local people on local wages don't stand a chance of reaching the property ladder until their 30's...

    Rate   13
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  • nicold  |  January 16 2014, 9:42AM

    £1 million with constant traffic...no thanks! Pity they didn't knock down the greasy spoons next door!

    Rate   11
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  • TheLoveTank  |  January 16 2014, 9:13AM

    Excellent news but this is just a drop in the ocean. Who will want to buy these appartments when they walk around the corner and see multi occupant benefit hostels, The Leonard Stocks Centre, drug rehab facilities, desigated methadone dispensing chemists, shrublands etc.

    Rate   -28
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