Guide price
£375,000
(£505/sq. ft)
2 bed flat for saleGrand Banks, Clay Lane TQ14
2 beds
2 baths
1 reception
743 sq. ft
EPC Rating: B
About this property
Immaculately Presented Penthouse Apartment
Two Bedrooms With Master En-Suite
Vaulted Ceilings And Underfloor Heating Throughout
Superb Open Plan Living Room And Kitchen With Integrated Appliances
Covered Balcony With Sea, River And Estuary Views
Secure Underground Allocated Parking With EV Charging
Communal Gym And Drying Area
Lift And Stair Access To All Floors
Private Lock-Up Storage Cupboard
Close To Seafront, Beaches And Town Centre
Lift access
Full Description
This exceptional penthouse apartment is situated within the highly regarded Grand Banks development and is presented in immaculate condition throughout. Previously operated as a successful holiday let, the property enjoys a prime position close to the town centre, seafront and beaches, while benefiting from breathtaking views across the River Teign estuary, Shaldon, Shaldon Beach, Teignmouth's river beach, the Ness and out to sea.
The building is approached via secure gated pedestrian and vehicular access with a video-controlled entry system. Electric gates provide access to the underground basement car park, where the apartment benefits from a numbered allocated parking space and access to electric vehicle charging. Communal facilities include a well-equipped gym, communal drying area with wall-mounted drying racks, secure bin storage, meter room and lift and stair access to all floors. A private lock-up storage cupboard is also allocated to the apartment.
Internally, the apartment offers beautifully designed accommodation with underfloor heating throughout and independent thermostatic controls to each room, all accessible via the Daikin app. The open plan living room/kitchen is a particular highlight, featuring a vaulted ceiling and expansive views. The lounge area enjoys recessed spotlighting and anthracite bi-fold doors opening onto the covered private balcony, creating a seamless connection between indoor and outdoor living.
The modern fitted kitchen is finished to a high standard with Corian work surfaces and a comprehensive range of integrated appliances including fridge, freezer, electric oven, convection microwave oven, dishwasher, wine cooler and washing machine. Additional features include an induction hob with extractor over, sunken sink with mixer tap and drainer, feature lighting, recessed spotlights, and a window enjoying the same stunning outlook as the living area. A cupboard houses the Daikin electric boiler and heat exchange system, with a larder-style unit accommodating the hot water cylinder.
The entrance hall and inner hallway are tiled and provide access to all rooms, with a wall-mounted video entry system, loft access hatch and a useful storage cupboard. The principal bedroom enjoys a vaulted ceiling, recessed lighting, double glazed window and external electric shutters, along with a stylish en-suite shower room featuring a Fakro skylight, tiled shower enclosure with dual function shower, floating WC, vanity wash hand basin and recessed display shelving. The second double bedroom mirrors the quality of the main bedroom with vaulted ceiling, recessed lighting and electric shutters.
The main bathroom is equally well appointed, featuring a Fakro skylight, shower bath with dual function shower and glazed screen, floating WC, vanity wash hand basin, tiled recess and an illuminated de-mist mirror.
Agents Notes (Subject to Legal Verification)
Tenure: Leasehold
Service Charge - £1611.27 (1st January 2025-31st December 2025)
Lease Length: Approximately 997 Years Remaining
EPC Rating: B
Services: Mains Electricity, Water And Drainage
Heating: Air Source Heat Pump With Underfloor Heating Throughout
Parking: Secure Underground Allocated Parking Space With EV Charging Available
Additional Information: Communal Gym, Communal Drying Area, Private Lock-Up Storage Cupboard
Previously Run As A Successful Holiday Let
Mortgage calculator
£1,875 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Service charge
£1,611 per year
Council tax band
C
Ground rent
£1



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