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Higher Erith Road, Torquay, Devon, TQ1

South West

£82,000Guide Price

Listed on 21/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
452 sqft

Description

Located within the sought-after Wellswood area of Torquay, this one-bedroom ground-floor flat in Claire Court presents an excellent renovation opportunity for both investors and owner-occupiers. The property is conveniently situated near a variety of independent shops, cafes, and amenities, with easy access to the lively Torquay town centre and the beautiful English Riviera. This residence comprises a welcoming entrance hallway leading to a spacious lounge featuring large windows that open directly onto a private rear courtyard, ideal for refreshing outdoor space. The fitted kitchen includes essential appliances and offers room for modernisation to cater to contemporary living standards. The double bedroom benefits from ample natural light and pleasant views. While the flat is currently liveable, it would benefit from a program of refurbishment including redecoration and potential upgrades to both the kitchen and bathroom areas to maximize its appeal and rental value. Additionally, the property comes with an allocated parking space, enhancing convenience for residents. Furthermore, as a leasehold property with affordable service charges, this flat is an attractive prospect in an established residential community. This auction listing allows buyers ready access through secure online bidding—an efficient method for securing this property swiftly.

Investment analysis

(TQ1 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£181/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £12,000
Target Value
£129,297
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.5%
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

Higher Erith 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
£310
Based on a loan of £61,500 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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