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Lower Warberry Road, Torquay, Devon, TQ1 - Image 1
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Lower Warberry Road, Torquay, Devon, TQ1

South West

£160,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Flat
Area
855 sqft

Description

This two-bedroom flat on Lower Warberry Road offers a significant investment prospect for buyers eager to undertake a renovation project. The layout features a spacious lounge, two nicely sized bedrooms, a functional kitchen, a shower room, and an additional separate WC. Currently requiring modernisation throughout, it serves as an excellent blank slate for those looking to infuse their personal style and increase the property's value. With the local area experiencing consistent demand, this property is well-positioned for capital growth with thoughtful improvements. It's advisable to view early to grasp fully the opportunities this flat holds for customisation and increased market appeal.

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Investment analysis

(TQ1 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£187/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£245,659
10% above area average per sq ft
Potential ROI
+22.8%
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 -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

Lower Warberry Road, Torquay, Devon, TQ1
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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
£604
Based on a loan of £120,000 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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