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Derwent Road, Torquay - Image 1

Derwent Road, Torquay

South West

£170,000
Listed on 15/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

Nestled in a residential area of Torquay along Derwent Road, this three-bedroom end-terrace property showcases considerable renovation potential. The home is in need of a comprehensive refurbishment, offering an excellent canvas for those looking to design a family residence tailored to their preferences or to invest in a promising rental opportunity. The interior features a spacious lounge/diner alongside an extended kitchen. With two ample double bedrooms and a smaller single room, the layout is adaptable for modern lifestyles. Additionally, the separate bathroom and WC enhance its practicality. Being an end-terrace enhances the living environment with increased light and privacy. Externally, both front and rear gardens provide ample outdoor space suitable for family activities or future landscaping projects. Conveniently located near local amenities including schools, shops, and transport links, this property combines location with substantial potential for transformation. A thorough review is encouraged to fully appreciate what this space can become.

Investment Analysis

(TQ1 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Derwent 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
£607
Based on a loan of £127,500 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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