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Carlton Road, Torquay, TQ1 1LZ

South West

£189,950
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
973 sqft

Description

This two-bedroom mid-terrace stone-fronted home is situated in a well-regarded area, conveniently positioned near Plainmoor and Babbacombe. While the property currently requires modernisation, it boasts potential for significant enhancement, making it an appealing prospect for both first-time buyers and investors. The traditional layout includes a spacious lounge with a part double-glazed bay window that offers views over Torquay. Adjacent to the lounge is a dining room that features built-in storage, ample space for entertaining, and leads directly into the kitchen. The kitchen is equipped with contemporary grey gloss units and offers possibilities for reconfiguration to meet personal tastes or rental market demands. Additionally, the ground floor contains a convenient downstairs WC and a lean-to conservatory that serves as an ideal utility space or storage area, leading out to a generous rear garden adorned with mature trees and shrubs. This outdoor space presents further opportunities; with the requisite permissions, creating off-road parking could enhance convenience and add value. Upstairs, you'll find two well-proportioned double bedrooms. The main bedroom enjoys an open outlook towards the countryside and includes built-in wardrobes. The second bedroom overlooks the garden, making it bright and welcoming. A practical shower room completes this level. The front of the property features a low-maintenance paved area, while on-street parking is available nearby. Given its renovation potential and desirable location, this property represents an excellent opportunity to create a comfortable living space or capitalize on investment possibilities in a thriving community—particularly appealing given its no onward chain status.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£195/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£277,903
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -1.2%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on TQ1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Carlton Road, Torquay, TQ1 1LZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,462 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE