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Sherwell Lane, Torquay, TQ2

South West

£290,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in a desirable area, this property presents an exciting opportunity for renovation and investment. The home features three bedrooms, offering ample space for reimagining the layout and design to suit your aesthetic preferences. Upon entering, you'll find a spacious lounge accentuated by a sizable bay window, which allows natural light to illuminate the space. This inviting area serves as an ideal starting point for personalizing your new home. Adjacent to the lounge is the kitchen/diner, equipped with essential wall and base units, an integrated four-ring gas hob, and an electric oven. This versatile space includes room enough for a dining table, making it functional for both family gatherings and entertaining guests. Downstairs offers additional potential with a flexible reception/utility room that can be tailored to various uses—whether as a snug retreat, a study for focused work sessions, or even as part of a separate annexe with the appropriate permissions. A convenient shower room on this level features modern amenities including a walk-in shower. The enclosed paved garden extends from this area, providing an outdoor space that is easy to maintain while being perfect for relaxation or hosting outdoor events. Access to the garage from the garden adds further practicality. On the first floor, there are three well-proportioned bedrooms: two doubles and one single, along with a family bathroom containing traditional fixtures such as a bath and low-level WC. Additional benefits include double glazing throughout and gas central heating. The location in Chelston enhances the property's appeal, characterized by picturesque tree-lined streets and a strong community atmosphere. It boasts proximity to Torquay’s vibrant seafront, local beaches, and lush green spaces like Cockington Country Park. Essential amenities such as shops, cafés, reputable schools, and efficient transport links—including nearby Torquay train station—make this area highly suitable for families and commuters alike. In summary, this property not only provides comfortable living but also presents opportunities for customization and enhancement that could significantly increase its value over time.

Investment Analysis

(TQ2 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by +2.8% over the last 12 months
3 year growth: -0.5%
5 year growth: 18.5%
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

Sherwell Lane, Torquay, TQ2
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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
£1,062
Based on a loan of £217,500 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