TORQUAY · HOLIDAY LET

The Maycliffe

Torquay

Refurbished studio apartments for short-term holiday accommodation in central Torquay.

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Available

£69,950Starting price

14.9%Projected yield

£5,000Reservation

CompletedCompletion

Overview

About The Maycliffe

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The Maycliffe is a fully refurbished short-stay accommodation development comprising a collection of contemporary studios in the heart of Torquay, one of the UK’s most established coastal destinations. Designed specifically for the short-term rental market, the development combines modern interiors, practical layouts and quality finishes to appeal to couples, solo travellers and leisure visitors.

Ideally positioned in central Torquay, The Maycliffe places guests within easy reach of the town’s marina, harbour, beaches and popular attractions, including the Princess Theatre, Cockington Village and the South West Coast Path. As part of the English Riviera, Torquay benefits from an established tourism market, attracting visitors throughout the year and supporting demand for quality short-stay accommodation.

With its completed refurbishment and prime coastal location, The Maycliffe offers investors the opportunity to acquire an operational property in a well-established UK tourism destination. The investment also benefits from hands-off management, allowing owners to access the short-stay accommodation market without the day-to-day responsibilities of managing guest bookings and property operations.

Prices start from £69,000, with projected rental yields of up to 14.9%, presenting an opportunity to enter Torquay’s short-stay accommodation market at an accessible price point.

25 refurbished, self-contained studio apartments

Fully furnished studios; most sleep four guests

999-year lease ; share of freehold on full sell-out

Located in central Torquay, Torre Abbey Sands Beach approx. 10 minutes on foot

Development features

Key development highlights

25 refurbished
self-contained studio apartments
Projected net yields up to 14.9% at 70% occupancy
Prices start from £69
950 – cash purchases only
£5
000 Reservation
Completed Development
Located in central Torquay
Torre Abbey Sands Beach approx. 10 minutes on foot
Ground rent £0 ; unit-specific service charges apply
Professionally managed for performance

Key information

The details, clearly explained

Development specifications

Lease: 999 years
Property type: Apartment
Reference: ERE-UK-THE-MAYCLIFFE

Read full development details +

A detailed look

The Maycliffe presents an attractive short-term rental investment opportunity in the heart of Torquay, one of the UK’s most established coastal tourism destinations. This boutique development comprises 25 fully refurbished, self-contained studio apartments, specifically designed for the holiday accommodation market. Combining contemporary interiors, practical layouts and quality furnishings, the studios provide modern accommodation for couples, solo travellers and leisure guests, with most units able to sleep up to four people.

Ideally positioned in central Torquay, The Maycliffe places guests within easy reach of the English Riviera’s most popular attractions, including Torquay Harbour, Torquay Marina, Princess Theatre and Torre Abbey Sands Beach, approximately a 10-minute walk away. The wider area offers a wealth of visitor attractions, from Kents Cavern and Cockington Village to Babbacombe Model Village, Meadfoot Beach and the South West Coast Path. Torquay’s established tourism market, supported by repeat visitors and growing demand for year-round coastal breaks, provides a strong setting for professionally managed short-stay accommodation.

The Maycliffe, Torquay – Key Investment Highlights:

A boutique collection of 25 refurbished, self-contained studio apartments.
Fully furnished accommodation, with most studios sleeping up to four guests.
Designed specifically for the short-term holiday and serviced accommodation market.
Fully refurbished and completed, allowing investors to acquire an operational property.
Professionally managed, offering a hands-off investment arrangement.
Projected net rental yields of up to 14.9%, based on 70% occupancy.
Prices starting from £69,950.
Cash purchases only.
999-year lease.
Share of freehold available on full sell-out.
£5,000 reservation fee.
£0 ground rent, with unit-specific service charges applicable.
Prime central Torquay location, approximately 10 minutes’ walk from Torre Abbey Sands Beach.
Close to Torquay Harbour, the marina, Princess Theatre and the wider English Riviera visitor attractions.

With prices starting from £69,950 and projected net yields of up to 14.9% at 70% occupancy, The Maycliffe offers investors the opportunity to enter the established UK holiday accommodation market through a completed, professionally managed development. Its central coastal location, fully furnished studios and hands-off management structure provide a convenient route into short-term property investment, while Torquay’s established visitor economy offers potential to support ongoing guest demand.

Purchase & payment plan

Reservation: £5,000
Completion: See key figures

View purchase information +

Projected net yields up to 14.9% at 70% occupancy
Prices start from £69,950 – cash purchases only
£5,000 Reservation
Ground rent £0; unit-specific service charges apply

Request the current payment schedule →

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Rental return estimate

Purchase price (£)Deposit (%)Annual rental income (£)

Cash deposit—

Estimated mortgage—

Gross rental yield—

Annual rent—

Illustrative only. Rental costs, finance charges and tax are not included.

Location and market

Understanding Torquay

Explore the local economy, regeneration, rental demand and transport connections before comparing opportunities in Torquay.

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Economy & Tourism+

Torquay is an economic hub on the English Riviera and is currently experiencing high levels of growth. Tourism is the main economic driver of the coastal town, generating thousands of jobs and millions of visitors every year. Alongside tourism, Torquay also boasts a thriving high-tech sector with globally recognised expertise in photonics and advanced microelectronics.

The Torbay Destination Management Plan 2022–2030 sets out ambitions to grow visitor spending and create jobs, helping strengthen the area’s visitor economy. The town is targeting a £75m increase in annual visitor spend and the creation of 1,500 new full-time jobs by 2027.

Urban regeneration+

Torquay is undergoing a major £100m+ urban regeneration programme driven by Torbay Council. The investment plan focuses on revitalising the harbour, highstreets and key town-centre sites. Delivered through public-private partnerships, the programme aims to enhance the town’s appeal, improve public spaces and encourage further investment.

Targeted improvements to the waterfront, high street, and new luxury hotel and residential developments are intended to attract tourists, encourage year-round activity and strengthen the local economy.

Housing demand+

Torquay’s coastal lifestyle and relative affordability when compared with London, the Home Counties and other parts of the South West attract a range of buyers and renters. The town increasingly appeals to remote workers, relocators, first-time buyers and investors seeking better value for money.

Local plans targeting around 8,900 new homes across Torbay through to 2030 aim to accommodate future growth and address local housing needs. The delivery of new homes combined with strong demand for short-term lets display the strong rental market in Torquay.

Connectivity+

Torquay offers strong regional and national transport links, with railway services link the town directly with Exter and Bristol, while journeys to London Paddington typically take under 3 hours.

Road connections are also strong, the A380 provides a direct route towards the M5, linking Torquay with the wider motorway network. Exeter Airport is also within driving distance, providing domestic and international flight connections.

Property intelligence

Everything investors ask about The Maycliffe

Clear answers based on the information currently available for this development, with practical points and related guides for deeper research.

Is The Maycliffe a hands-off investment?

Yes. The development is professionally managed, offering investors a hands-off management arrangement.

The Maycliffe is a professionally managed short-stay accommodation investment. This means owners can benefit from a management arrangement without having to personally oversee the day-to-day responsibilities associated with holiday letting, such as guest communications, bookings and operational coordination. Investors should review the management agreement carefully to understand the services included, fees, responsibilities and any additional costs.

What to consider

Professionally managed accommodation.
Designed to provide a hands-off ownership experience.
Day-to-day management is handled through the management arrangement.
Confirm management fees, services and contractual terms before purchasing.

Why invest in Torquay?

Torquay is an established UK coastal tourism destination, attracting visitors to the English Riviera throughout the year.

Renowned for its picturesque coastline, marina and leisure attractions, Torquay has long been a popular destination for domestic holidaymakers. Its visitor economy benefits from repeat tourism, weekend breaks and demand outside the traditional summer season. The wider English Riviera offers a variety of attractions and experiences, helping to appeal to different visitor groups throughout the year.

The supplied market information reports tourism spending of £429 million in 2024 and approximately 4.5 million annual visitor trips to Torquay and the wider English Riviera. These figures provide context for the area's established tourism market, although visitor numbers alone do not guarantee occupancy or rental performance for an individual property.

What to consider

Established coastal holiday destination.
Part of the English Riviera.
Approximately 4.5 million annual visitor trips, according to supplied information.
Reported tourism spend of £429 million in 2024.
Potential demand from both peak-season and off-peak visitors.

Is The Maycliffe a completed development?

Yes. The Maycliffe is fully refurbished and completed.

Unlike an off-plan property purchase, investors are acquiring an apartment within an already completed development. The refurbishment has been carried out and the accommodation is designed for short-term holiday use. This removes the construction and build-completion uncertainty associated with buying a property that is still being developed. Investors should still confirm the individual unit's operational status and the arrangements for commencing or continuing rental activity.

What to consider

Fully refurbished and completed.
No remaining development construction period.
Avoids the build-completion uncertainty of off-plan purchases.
Confirm individual unit and rental arrangements before purchase.

Can I purchase an apartment using a mortgage?

No. The current offering is available for cash purchasers only.

The Maycliffe is a cash-purchase investment opportunity, meaning mortgage finance is not available as part of the stated purchase arrangement. Prospective buyers should ensure they have the necessary funds available and confirm the payment schedule and legal requirements before proceeding. Investors looking for mortgage investments should look towards E.R.E's other developments, with E.R.E offering a range of developments for all types of investors.

What to consider

Cash purchases only.
Mortgage finance is not available under the stated offering.
Buyers should confirm payment arrangements before reserving.
Mortgage buyers can find different investment options with E.R.E.

What is the lease length at The Maycliffe?

The apartments are offered on a 999-year lease.

A 999-year lease provides a long leasehold interest in the property. The development information also states that a share of the freehold will be available on full sell-out. Buyers should review the legal documentation to understand how the freehold will be held, when the share will be issued and what rights and responsibilities come with it.

What to consider

999-year lease.
Share of freehold on full sell-out.
Confirm the freehold arrangements in the legal documentation.

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