Worst House on the Street Logo
Ridgeway Road, Torquay - Image 1
Ridgeway Road, Torquay - Image 2
Ridgeway Road, Torquay - Image 3
Ridgeway Road, Torquay - Image 4
Ridgeway Road, Torquay - Image 5
Ridgeway Road, Torquay - Image 6
Ridgeway Road, Torquay - Image 7
Ridgeway Road, Torquay - Image 8
Ridgeway Road, Torquay - Image 9
Ridgeway Road, Torquay - Image 10
Ridgeway Road, Torquay - Image 11
Ridgeway Road, Torquay - Image 12
Ridgeway Road, Torquay - Image 13
Ridgeway Road, Torquay - Image 14
Ridgeway Road, Torquay - Image 15
Ridgeway Road, Torquay - Image 16
Ridgeway Road, Torquay - Image 17
Ridgeway Road, Torquay - Image 18
Ridgeway Road, Torquay - Image 19

Ridgeway Road, Torquay

South West

£140,000
Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Apartment
Area
1031 sqft

Description

Located at the pinnacle of Ridgeway Heights in Torquay, this three-bedroom penthouse apartment offers a unique opportunity for investors or buyers looking to craft their ideal coastal retreat. With breathtaking sea views from both a private balcony and a large roof terrace, the property is perfectly positioned for enjoying outdoor living while taking in the stunning coastal scenery. Inside, the apartment provides spacious and well-laid-out living areas, including three bedrooms, a generous living room that opens directly onto the south-facing balcony, and a kitchen with potential for reconfiguration and modernization. While some updating is required throughout to bring it up to contemporary standards, this presents an excellent canvas for those eager to personalize their space and enhance its value. Additional features include allocated resident parking—an essential amenity in this desirable location—and communal gardens that contribute to the overall appeal of penthouse living in Torquay. This property is ideally situated within easy reach of local amenities, making it not just a home but also an investment with considerable potential for future appreciation.

Investment Analysis

(TQ1 area)

Below Market Value

This property is priced -48.1% below area average per sq ft

-48.1%
Potential saving
This Property
£136/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£296,681
10% above area average per sq ft
Potential ROI
+74.5%
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

Ridgeway Road, Torquay
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates