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Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN - Image 1
Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN - Image 2
Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN - Image 3
Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN - Image 4
Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN - Image 5

Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN

South West

£55,000

Listed on 23/06/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor one-bedroom flat presents a promising opportunity for investors or those looking to create their ideal home in the scenic area of Torquay. Situated within a purpose-built block, the property features an entrance hallway, a spacious living room, a double bedroom, a kitchen, and a bathroom. While the flat offers functional accommodation, it requires modernisation and enhancements to fully realise its potential. With some thoughtful updates, this space could become a comfortable dwelling or an attractive rental unit. The property comes with leasehold tenure and is set to go under the hammer in an upcoming livestream auction.

Investment Analysis

(TQ1 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 -2.7% over the last 12 months
3 year growth: -2.1%
5 year growth: +4.8%
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

Flat 4, Lucerne, Lower Warberry Road, Torquay, Devon TQ1 1TN
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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
£208
Based on a loan of £41,250 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.

Stamp Duty Calculator

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