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Golden Park Avenue, Torquay, TQ2 8LD

South West

£340,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1119 sqft

Description

This two-bedroom detached bungalow presents a valuable opportunity for renovation in a tranquil and desirable neighborhood. While the property requires modernization, it offers thoughtfully designed living spaces that can be transformed into a contemporary home. A generous lounge serves as the heart of the bungalow, featuring ample natural light from a large UPVC window overlooking the front garden. The kitchen and breakfast area provides a functional layout with space for essential appliances and plenty of cabinetry. Both double bedrooms are well-proportioned, with one bedroom offering views of the expansive conservatory, which opens directly to the back garden. The conservatory is an impressive feature, providing additional living space that can be enhanced to suit various uses—from a sunlit dining area to a cozy relaxation spot. Outside, both front and back gardens offer considerable potential for landscaping projects, while the driveway leads to an attached garage, enhancing convenience for homeowners. Situated in a sought-after locale, this property is not only ideal for those looking to create their dream home but also presents significant investment potential. With careful renovation and design updates, this bungalow could see substantial appreciation in value given its location and existing amenities. This property warrants viewing for anyone interested in making an investment or embarking on a renovation journey.

Investment Analysis

(TQ2 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£304/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£348,714
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
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

Golden Park Avenue, Torquay, TQ2 8LD
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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
£1,246
Based on a loan of £255,000 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