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St Lukes Road North, Torquay, TQ2 5PD - Image 1
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St Lukes Road North, Torquay, TQ2 5PD

South West

£199,950
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom home sits on the periphery of Torquay, offering a blend of convenience and potential for those looking to invest. Just a short walk away, you'll find the vibrant town center, picturesque harborside, and scenic beaches, making it an appealing choice for both residents and vacationers. The ground floor features a spacious lounge/diner that provides ample room for various layouts and entertainment options. With four double-glazed windows allowing natural light to flood in, this area also boasts a decorative fireplace that adds character. The kitchen is functional but could benefit from modern touches; it includes matching wall and base units along with space for essential appliances. Upstairs, the property offers three well-sized bedrooms, each equipped with double-glazed windows showcasing pleasant views across the town. These rooms present an excellent canvas for renovation and personalization, catering to families or investors seeking rental opportunities. The main bathroom features a basic three-piece suite that can be updated to meet contemporary preferences. Outside, there is a small patio garden area along with space suitable for parking 2-3 cars—a valuable asset in this location. Additionally, the front yard includes a decked area ideal for outdoor seating. The property does require modernization throughout, presenting an opportunity to enhance its value significantly. Notably, this home is being offered chain-free, enabling a straightforward transaction process. Investors and renovators alike will appreciate the potential to improve and customize this property into a desirable living space or investment opportunity within a sought-after locale.

Investment Analysis

(TQ2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TQ2)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 2.9%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on TQ2 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

St Lukes Road North, Torquay, TQ2 5PD
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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
£732
Based on a loan of £149,962 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