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Hilly Gardens Road, Torquay, TQ1

South West

£220,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

This three-bedroom semi-detached house presents a solid foundation for those looking to invest in a property with significant renovation potential. Nestled in a sought-after area, it offers both comfort and an opportunity to create a personalized living space through updates and modern design choices. The layout begins with a welcoming entrance hall that opens into a bright and spacious sitting room, complemented by a separate dining area that enhances functionality for daily living or hosting gatherings. The kitchen, positioned at the rear of the property, provides pleasant views of the garden and has direct access to outdoor space, making it convenient for alfresco dining or future expansions. On the upper level, you will find three well-sized bedrooms along with a family bathroom, providing ample accommodation for families or guests. The home is equipped with UPVC double glazing and gas central heating, adding to its livability while presenting opportunities for further improvements. Externally, the property features manageable gardens in both the front and back, along with off-road parking—a valuable asset in this location. With vacant possession available, this residence stands as an attractive option for first-time buyers, savvy investors looking for rental opportunities, or those considering downsizing while wishing to impact their new home’s aesthetic and functionality. Its renovation potential makes it not just a home but also a promising investment for future value enhancement.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£246/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£255,054
10% above area average per sq ft
Potential ROI
+2.0%
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

Hilly Gardens 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
£806
Based on a loan of £165,000 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