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Windermere Road, Torquay, TQ1 3RF

South West

£200,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
922 sqft

Description

This three-bedroom mid-terraced period property presents an excellent opportunity for renovation and investment. Situated on a desirable street conveniently close to Torquay town centre, the home is within easy walking distance of local shops, Babbacombe Downs, and St Mary Church. The layout boasts traditional spaciousness, featuring a large lounge, dining room, and kitchen on the ground floor. The lounge is enhanced by a double-glazed bay window that allows plenty of natural light and highlights the original tiled open fireplace—an attractive feature that could be restored to enhance the home's character. The adjacent dining room also benefits from an original tiled fireplace and has views of the rear garden through a double-glazed window. Upstairs are three well-proportioned bedrooms, each with double-glazed windows providing comfort throughout the seasons. The master bedroom features a bright bay window, adding depth and charm to the space. A smaller third bedroom offers versatility for use as a guest room or office. The bathroom comes equipped with essential fixtures but would benefit from modernization to meet contemporary standards. Outside, the property has a modest front garden while the rear features a larger level garden that is enclosed and currently requires some cultivation work—ideal for those looking to create an outdoor retreat. There’s also access to a pedestrian lane at the back. Although modernisation is needed throughout the property, many windows have already been upgraded to double glazing. This house represents a 'blank canvas' for those ready to undertake a project or those interested in enhancing its rental potential in this sought-after location. On-road parking options are available nearby, making this home both practical and appealing for families or investors alike.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£217/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
£263,337
10% above area average per sq ft
Potential ROI
+9.7%
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

Windermere Road, Torquay, TQ1 3RF
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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
£733
Based on a loan of £150,000 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