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Gainsborough Close, Torquay

South West

£260,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
870 sqft

Description

Nestled in a tranquil cul-de-sac in Torquay, this two-bedroom end-of-terrace property stands as a promising canvas for modernization. With picturesque sea views and ample outdoor space, it provides an ideal opportunity for those looking to enhance a coastal residence. The home features a private driveway and garage, ensuring convenient parking and storage solutions. Being at the end of the terrace, it benefits from additional light and privacy, making it distinct from neighboring homes. Inside, the layout is spacious and adaptable, perfect for reconfiguration to meet today’s living standards. Notably, the kitchen overlooks the rear garden, offering potential for redesign while taking advantage of scenic views. Each bedroom is well-sized, with the master boasting its own ensuite and attractive vistas of the sea. The tiered rear garden presents multiple levels that could be transformed into an inviting outdoor entertainment area or a serene landscaped retreat. This property is situated in a desirable residential area known for its charm and community feel, making it a splendid renovation project for buyers aiming to create their dream home by the coast.

Investment Analysis

(TQ1 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£299/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£250,351
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -3.0%
5 year growth: +2.9%
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

Gainsborough Close, Torquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£928
Based on a loan of £195,000 over 30 years at 3.97% 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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