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Tor Hill Road, Torquay, Devon, TQ2 - Image 1
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Tor Hill Road, Torquay, Devon, TQ2

South West

£69,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Flat
Area
543 sqft

Description

This auction-listed 2-bedroom flat in Torquay presents a unique opportunity for investors seeking a renovation project. Available with freehold ownership, the property requires updates, making it ideal for those eager to infuse their personal style and potentially increase its value. The layout includes a separate reception room that benefits from ample natural light through its large windows, while the kitchen also enjoys good lighting. A functional shower room services both bedrooms; the main bedroom is spacious, complemented by a second room that can serve as a cozy snug or office space. An added bonus for this flat is the garden area, providing valuable outdoor space uncommon in similar properties in the locality. Located conveniently close to local shops, supermarkets, and cafés in Torquay's vibrant town centre, residents will appreciate easy access to coastal walks along Torquay seafront and its numerous restaurants and leisure facilities. Public transport options are plentiful, with Torquay Railway Station nearby offering direct connections to Exeter St Davids and Plymouth, facilitating travel further afield to Bristol and London. This flat represents a practical investment opportunity situated in a well-connected area ripe for refurbishment.

Investment Analysis

(TQ2 area)

Below Market Value

This property is priced -54.8% below area average per sq ft

-54.8%
Potential saving
This Property
£127/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£167,901
10% above area average per sq ft
Potential ROI
+78.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -0.1%
5 year growth: +9.3%
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

Tor Hill Road, Torquay, Devon, TQ2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£261
Based on a loan of £51,750 over 30 years at 4.45% 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.

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