Worst House on the Street Logo
Magdalene Road, Torquay, TQ1 - Image 1
Magdalene Road, Torquay, TQ1 - Image 2
Magdalene Road, Torquay, TQ1 - Image 3
Magdalene Road, Torquay, TQ1 - Image 4
Magdalene Road, Torquay, TQ1 - Image 5
Magdalene Road, Torquay, TQ1 - Image 6

Magdalene Road, Torquay, TQ1

South West

£85,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This spacious first-floor flat features two bedrooms and is conveniently located within easy reach of Torquay Town Centre, presenting a prime opportunity for renovation enthusiasts or investors. Accessed via a communal entrance, the flat boasts a welcoming layout with a lounge that includes built-in storage, alongside a kitchen equipped with essential wall and base units as well as space allocated for appliances. The accommodation comprises a double bedroom and a bathroom fitted with bath, low-level WC, wash hand basin, and bidet. A staircase leads to the second floor where another generously sized double bedroom awaits, complete with wooden Velux windows that flood the space with natural light and offer additional eaves storage. Although currently single-glazed and in need of some modernisation, this property holds significant potential for transformation into an inviting home or profitable rental unit. With gas central heating already installed, simple upgrades could exponentially enhance its appeal. This flat also benefits from an extended lease of 961 years and a minimal ground rent.

Investment Analysis

(TQ1 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.0%
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

Magdalene Road, Torquay, TQ1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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

-12.8% since listed
£85,000£7,500(-8.1%)
21/02/2026
Current price
£92,500£5,000(-5.1%)
06/01/2026
£97,500Initial listing
06/10/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates

Similar Properties