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Lower Woodfield Road, Torquay

South West

£140,000

Listed on 07/08/2024

Property details

Bedrooms
2
Type
Flat
Area
775 sqft

Features

  • Balcony
  • Garage
  • Parking

Description

This two-bedroom flat presents a unique opportunity for those looking to invest in a property with significant renovation potential. Upon entry, the spacious hallway leads into a bright lounge area that offers ample room for both relaxation and social gatherings. Large windows ensure the space is well-lit and provide picturesque views over Torquay, enhancing its appeal. The kitchen, while currently in need of updates, boasts generous dimensions that allow for a personalized redesign. This area holds promise for transformation into a modern culinary space tailored to suit your personal preferences, making it an ideal project for creative homeowners or investors. Both bedrooms are thoughtfully designed, providing plenty of space for furnishings and storage solutions. The master bedroom particularly stands out with its large windows, offering serene views—a perfect setting for restful evenings. The second bedroom is equally spacious and versatile, suitable as a guest room, home office, or reading nook. A distinct feature of this property is the balcony that overlooks stunning vistas of Torquay. It's an inviting outdoor space to relax and enjoy your morning coffee or unwind at the end of the day. The St Francis complex is well-maintained and features landscaped communal areas that enhance the living environment. Notably, this property includes a garage along with off-road parking for two vehicles—an added convenience that is often hard to find in such a desirable location. Positioned within the peaceful Lincombes Conservation Area, this flat is just half a mile from both Torquay Harbour and Meadfoot Beach. Its central location provides easy access to local amenities while maintaining a sense of tranquility. With over 900 years remaining on the lease and no ground rent involved, this residence is not only an appealing living option but also presents long-term investment potential. The management company allows sub-leasing for periods of 12 months or longer and residents collectively manage maintenance fees, fostering an engaged community atmosphere. For those looking to unlock value through renovation while enjoying a prime coastal location, this flat offers an exciting prospect worth exploring further.

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Location

Lower Woodfield Road, Torquay
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-22.2% since listed
£140,000£20,000(-12.5%)
18/03/2026
Current price
£160,000£10,000(-5.9%)
06/02/2026
£170,000£5,000(-2.9%)
09/07/2025
£175,000£5,000(-2.8%)
10/05/2025
£180,000Initial listing
07/08/2024

Next Steps

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