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Babbacombe Road, Torquay, Devon, TQ1

South West

£1,400,000
Listed on 24/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity in the heart of Torquay, just a short distance from the lively harbour, beautiful beaches, and the town's central amenities. Formerly operating as a 55-room hotel, it offers substantial potential for redevelopment or repurposing, pending appropriate planning approvals. The building itself is expansive, featuring a large terrace and landscaped gardens that could serve as appealing outdoor spaces for future developments. With ample parking accommodating two coaches and approximately 20 vehicles, this location is primed for various commercial uses or a complete overhaul to create something entirely new. The current configuration includes significant indoor spaces that could be transformed or reimagined. The reception area welcomes visitors with multiple windows that provide natural light. There's also a lounge area and various entertainment rooms—including a sizeable bar and multi-functional space—ideal for hosting events or social gatherings. The extensive kitchen facilities are well-equipped for catering needs, supporting the potential for continued hospitality use or other culinary ventures. Notably, the owner is open to collaborating with interested parties to explore creative redevelopment options that align with local planning regulations. The proximity to Torquay's marina and beaches enhances this property's appeal as it provides easy access to popular tourist attractions and local dining options. This property not only offers immediate opportunities for investment but also holds long-term potential in one of South Devon’s most desirable coastal towns. Whether you are looking to restore its original charm or innovate with new concepts, this site stands ready for adaptation to meet evolving market demands.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£750,000 - £1,200,000
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

Babbacombe Road, Torquay, Devon, 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
£5,129
Based on a loan of £1,050,000 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