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Hill Park Road, Torquay

South West

£85,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Ground Flat
Area
704 sqft

Description

This ground floor two-bedroom flat in Torquay presents a promising renovation opportunity for those looking to elevate its potential. Benefiting from a private entrance, the property has a spacious layout featuring a sizable living room filled with natural light, two well-proportioned bedrooms, and a separate kitchen ready for a modern update. The existing bathroom, although functional, could be transformed into a stylish suite that complements contemporary living. One of the standout features is the private rear garden, which offers valuable outdoor space that is often hard to find in flats. Additionally, an allocated parking space adds further convenience for residents. The location is ideal, with easy access to local amenities and public transport links, making it attractive for first-time buyers or investors seeking to add value through modernization. This property serves as an excellent blank canvas waiting for your vision to bring it up to date.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -53.8% below area average per sq ft

-53.8%
Potential saving
This Property
£121/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£202,583
10% above area average per sq ft
Potential ROI
+68.8%
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

Hill Park Road, 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
£303
Based on a loan of £63,750 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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