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Lydwell Park Road, Torquay, TQ1 3TQ

South West

£499,950
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2670 sqft

Description

Nestled in the desirable Wellswood area, this spacious 3-bedroom detached bungalow presents a unique opportunity for investors and renovators alike. Located at the end of a peaceful cul-de-sac, it offers captivating sea views towards Exmouth and Sidmouth. The charming village atmosphere of Wellswood, with its diverse selection of shops and eateries, is just around the corner, while Torquay town centre is only a short drive away. This property features an expansive lounge that showcases impressive triple aspect windows providing substantial natural light alongside glorious coastal views. The dining room is also generously sized, perfect for entertaining or family gatherings. A well-appointed kitchen/breakfast room comes equipped with essential appliances and offers direct access to a sunroom that could serve as an ideal space for relaxation while enjoying the scenery. The layout includes three sizeable bedrooms; the master benefits from en-suite facilities, while the second and third bedrooms also feature built-in storage options. Notably, there are two large basement rooms that hold significant potential for conversion into additional living space or an annexe, pending relevant permissions. The exterior consists of manageable gardens with ample off-road parking provided by a double garage and driveway access. While some limited modernisation is required to align the home with contemporary standards, this bungalow's existing character combined with its investment potential makes it a worthwhile consideration in a highly sought-after location.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£187/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£762,592
10% above area average per sq ft
Potential ROI
+38.7%
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

Lydwell Park Road, Torquay, TQ1 3TQ
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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
£1,831
Based on a loan of £374,962 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