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Hele Road, Torquay

South West

£175,000
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
861 sqft

Description

This charming two-bedroom end-of-terrace house is situated in a well-established residential area of Torquay, presenting a valuable chance for those looking to invest in a renovation project. The property features traditional period characteristics while also offering the potential for modern updates to suit personal tastes and increase its market value. The layout includes a living room, dining room, and kitchen on the ground floor, while the first floor hosts two bedrooms and a family bathroom. A small rear courtyard provides outdoor space that can be enhanced with landscaping or outdoor features. Although the property retains some original charm, it requires comprehensive updating across all areas—this includes renovating the kitchen and bathroom as well as refreshing the decorative finishes throughout. Conveniently located near local amenities such as shops and schools, this home is an appealing opportunity for first-time buyers or investors seeking a rewarding refurbishment prospect in popular Torquay.

Investment Analysis

(TQ2 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£203/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£267,793
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
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
20%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -1.6%
5 year growth: 14.3%
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

Hele Road, Torquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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.

Next Steps

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