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Lower Warberry Road, Ellesmere Lower Warberry Road, TQ1 - Image 1
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Lower Warberry Road, Ellesmere Lower Warberry Road, TQ1

South West

£185,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
743 sqft

Description

This two-bedroom flat, located in the highly desirable Warberries area of Wellswood, presents an exciting prospect for buyers looking to invest in a renovation project. The property features a spacious entrance hall with a practical storage cupboard, two well-sized double bedrooms, including a principal suite with an en-suite bathroom. The lounge area seamlessly connects to the dining space, making it a versatile area for both relaxation and hosting gatherings. Sliding doors lead to a private balcony that boasts partial sea views, enhancing the appeal of outdoor living. The flat also includes a separate kitchen and a bathroom, and while it currently requires modernisation throughout, this opens up substantial opportunities for creating a tailored living space that can significantly increase its value. Outside, residents benefit from well-kept communal grounds and dedicated parking along with ample visitor spaces. With its prime location near local shops and amenities in Wellswood and close proximity to Torquay's scenic coastline, this property is ideal for investors or those looking to downsize while embarking on a rewarding refurbishment journey.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£249/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£213,234
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -2.8%
5 year growth: +6.1%
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

Lower Warberry Road, Ellesmere Lower Warberry Road, TQ1
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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
£667
Based on a loan of £138,750 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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