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St Marychurch, Torquay

South West

£95,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Presenting an intriguing freehold investment opportunity, this property comprises a commercial shop on the ground floor and a residential flat above, all nestled in the heart of St Marychurch, Torquay. Positioned at the top of a vibrant shopping precinct with scenic views including that of the Catholic Church, this building is in need of significant refurbishment, making it ideal for investors or those looking to create a combined living and working space. The area boasts strong demand for both retail and residential properties due to its quaint village atmosphere complemented by various local amenities such as shops, cafes, and medical facilities. The flat features three bedrooms, a sitting/dining room with an exposed stone fireplace, and a kitchen with garden views. The shop benefits from a prominent facade with potential for internal improvements including staff facilities and restroom amenities. A private garden completes this offering, providing an outdoor retreat in such a bustling location. This property’s potential awaits your vision for modernisation.

Investment Analysis

(TQ1 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.0%
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

St Marychurch, Torquay
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£336
Based on a loan of £71,250 over 30 years at 3.91% 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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