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St Lukes Road North, Torquay - Image 1
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St Lukes Road North, Torquay

South West

£185,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom house, situated on the outskirts of Torquay, presents an ideal opportunity for those looking to invest in a property with significant renovation potential. While currently requiring modernization, the spacious layout includes a generous lounge/diner and kitchen on the ground floor, along with three well-proportioned bedrooms and a bathroom upstairs. The property boasts pleasant views over the town and offers outdoor space with a decked area for relaxation, as well as parking for 2-3 vehicles. The home is chain-free, allowing for a smoother transaction process. With an emphasis on updating the interiors and improving functionality, this residence is perfect for buyers seeking a project that can enhance both its value and personal comfort.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

St Lukes Road North, 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
£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.

Next Steps

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