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Warren Road, Torquay, Devon, TQ2

South West

£155,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
4
Type
Terraced

Description

This property, situated in Torquay, consists of two separate 2-bedroom flats, making it an appealing prospect for investors looking for a renovation project with significant potential. Each flat features a master bedroom and a double bedroom, ensuring a total of four bedrooms across the property. Both units include their own kitchens with ample natural light, separate reception areas with large windows, and bathrooms, which provide well-defined living and sleeping zones. Located near the Torquay seafront, the property benefits from close proximity to local amenities such as shops, cafés, and essential services in the town centre and harbourside. The nearby green spaces and coastal paths offer excellent walking opportunities along the shoreline. Transport connections are convenient with public transport readily available. Torquay Station provides rail services towards Exeter and Paignton, offering easy access to further destinations including London via Exeter St Davids. This property presents an opportunity for refurbishment aimed at future rental or resale options, subject to obtaining the necessary consents.

Investment analysis

(TQ2 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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
7%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -3.2%
5 year growth: +6.4%
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

Warren 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
£586
Based on a loan of £116,250 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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