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Ansteys Cove Road, Torquay, TQ1

South West

£500,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached residence presents a unique opportunity for cash buyers seeking a renovation project. Originally two semi-detached cottages, the property boasts significant potential for transformation and could be reverted back to its original layout, pending any necessary planning permissions. The house features a new roof and updated windows throughout, offering a solid foundation for future improvements. Inside, the layout consists of an open-plan lounge and dining area, alongside a kitchen and utility space. The first floor provides room for four bedrooms and two bathrooms, allowing for flexible design possibilities that can cater to both personal preferences and market demand. Externally, the property occupies a generous plot with off-road parking, which not only enhances convenience but also opens up various landscaping or extension opportunities. Given the current condition of the interior, this is an ideal project for those ready to invest time and resources into a full refurbishment. It’s worth noting that there are no existing service connections at this time, making it truly suited for buyers who are prepared to embark on a comprehensive redevelopment journey. With its prime location and abundant potential, this property stands as an attractive option for investors looking to make their mark in a thriving area.

Investment Analysis

(TQ1 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Ansteys Cove Road, Torquay, TQ1
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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
£1,832
Based on a loan of £375,000 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