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Fore Street, Teignmouth, TQ14

South West

£170,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Flat
Area
753 sqft

Description

This purpose-built first-floor apartment offers significant renovation potential, set on the outskirts of the town centre with appealing Estuary views. Its proximity to local shops, beaches, and transport links adds to its attractiveness for investment. The property features three bedrooms, a spacious lounge/diner with access to a balcony that overlooks the countryside, a kitchen needing modernisation, and a wet room alongside a separate WC. While it requires updating, including enhancements to the kitchen and living areas, it is offered with no onward chain. Off-street parking is available in a rear residents' car park, making it an ideal option for families or investors looking to create value through refurbishment.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -30.7% below area average per sq ft

-30.7%
Potential saving
This Property
£226/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£269,819
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ14)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +2.4%
5 year growth: +6.1%
Investment Disclaimer: Analysis based on TQ14 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

Fore Street, Teignmouth, TQ14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 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

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