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Peasland Road, Torquay

South West

£290,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
969 sqft

Description

This two-bedroom detached bungalow, offered with no onward chain, represents a valuable opportunity for buyers interested in a renovation project. The property is in need of comprehensive updating, presenting a blank slate for those ready to personalize their living space to meet modern standards. The front of the home is accessed via a driveway that provides off-street parking and leads to an integral garage, enhancing practicality. Inside, the spacious sunroom porch welcomes you before leading into a bright living room, while the galley-style kitchen features wall and base units and connects to a conservatory that overlooks the rear garden—an inviting space perfect for leisurely afternoons. The accommodation includes two generously sized double bedrooms with built-in wardrobes and a three-piece bathroom. Outside, the substantial gardens are mainly hard landscaped and enclosed by high walls, providing ample privacy. With paved terraces, pathways, gravelled areas, and established planting already in place, this outdoor area offers great potential for further landscaping or creating an inviting entertainment space. Situated conveniently close to local shops and amenities at Barton and Moor Lane, plus further facilities available in St Marychurch and The Willows—approximately two miles away—the property also benefits from nearby Brunel Woodland and scenic walking paths leading down to Watcombe Cove. Overall, this bungalow's potential for modernization makes it an attractive choice for savvy investors or DIY enthusiasts looking to create their ideal home.

Investment Analysis

(TQ2 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£299/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£300,637
10% above area average per sq ft
Potential ROI
-11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -2.6%
5 year growth: +9.1%
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

Peasland 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
£1,046
Based on a loan of £217,500 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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