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Torquay

South West

£125,000
Listed on 26/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This impressive four-storey mid-terrace commercial building presents a significant opportunity for investors or developers interested in renovation and redevelopment. Spanning approximately 302m² (3,251 sq ft), this substantial property is conveniently located near the town centre of Torquay, with easy access to public transport, making it an ideal candidate for various commercial uses or a mixed-use scheme, pending planning approvals. The premises were previously utilized as a care agency office and training centre and feature a combination of modern office amenities such as suspended ceilings and LED lighting alongside traditional characteristics including original fireplaces. The ground and first floors have seen notable extensions that create spacious open-plan office areas, enhancing the building's versatility. With both individual offices and expansive workspaces available across its four floors, this property is ripe for conversion into something fresh or for a complete overhaul to meet current market demands. The prospect of blending residential elements with commercial spaces offers exciting potential in this mixed-use area.

Investment Analysis

(TQ2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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
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

Torquay
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 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.

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