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Redgate Heights , Torquay

South West

£695,000
Listed on 17/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
4037 sqft

Description

This expansive detached villa spans over 4000 SQ FT, featuring dual garages capable of accommodating four vehicles, with potential for further expansion pending planning approval. The residence comprises three reception areas, four bedrooms, and four bathrooms, complemented by a self-contained one-bedroom apartment complete with its own lounge, kitchen, and bathroom—ideal for long-term or holiday rental opportunities. Set within beautifully landscaped gardens and secured behind gates, this property is located on a private drive between Wellswood and Babbacombe, just a short walk from local beaches and high streets. The home boasts unique attributes such as an impressive 4-metre kitchen island, an outdoor kitchen with a pizza oven, substantial garage facilities, balconies from two bedrooms, and a well-equipped annexe including a bar area ready for hot tub installation. The overall layout allows for both spacious family living and the option to make additional modifications to suit modern needs. While the property is currently presented in good condition, it holds significant renovation potential that could enhance both value and livability. With ample off-road parking and proximity to wooded areas providing privacy amidst lush gardens, this home represents an exciting project for those looking to invest in an adaptable family residence.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£172/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,157,246
10% above area average per sq ft
Potential ROI
+37.0%
After renovation
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

Redgate Heights , Torquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,462
Based on a loan of £521,250 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.

Stamp Duty Calculator

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