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Renowell Court, Falkland Road, Torquay, TQ2 - Image 1
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Renowell Court, Falkland Road, Torquay, TQ2

South West

£190,000

Listed on 09/09/2026

The listing

Property details

Bedrooms
3
Type
Apartment

Description

This three-bedroom ground floor apartment presents a promising renovation opportunity for buyers looking to create their ideal home. While the property requires complete refurbishment throughout, it boasts spacious living areas and private outdoor space that can be transformed into a beautiful retreat. The layout includes a generous lounge that flows into a bright sunroom, providing access to a substantial garden area. The kitchen offers ample work surfaces and storage, leading to a large private courtyard perfect for outdoor entertaining. The apartment features three double bedrooms, a bathroom equipped with both a bath and a separate shower cubicle, as well as an additional separate WC for convenience. Externally, the property benefits from two garden areas: one large courtyard accessible from the kitchen and another expansive garden accessible from the sunroom, complete with a patio and grassy lawn. Additional features include allocated parking, a utility area, and a combination of single and double glazing along with gas central heating. Situated on Falkland Road, the location is ideal, being within walking distance to Torquay seafront and Torre Abbey, with local shops, cafés, and restaurants nearby. Regular public transport links provide easy access to Torquay town centre and surrounding areas. This property offers not just space but also the potential for modernisation, making it an excellent investment for those ready to take on a project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

50out of 100
Grade DWeak opportunity

Confidence: LOW

This three-bedroom ground floor apartment offers a promising renovation project for buyers with vision. While the property shows visible signs of wear throughout, including dated interiors and old fixtures in the kitchen and bathroom, it boasts generous living spaces and private outdoor areas, which present excellent opportunities for transformation. The spacious layout allows for creative redesign, potentially enhancing both functionality and aesthetic appeal.

The asking price of £190,000 is notably lower than the local average of £283,265, making this a potentially attractive entry point for those willing to undertake a comprehensive refurbishment. However, the lack of floor area data limits the ability to calculate the price per square foot accurately. With the right investment, this apartment can be modernized to meet contemporary standards, capitalizing on its substantial garden and courtyard space. Keep in mind that renovation costs could be significant, and the scope of work is extensive, so thoughtful budgeting and planning will be essential.

Key opportunities

  • Spacious living areas provide a canvas for modern design and layout improvements.
  • Private gardens and a courtyard offer outdoor space that can be enhanced for relaxation and entertainment.
  • The potential for a complete modernization allows buyers to create a home tailored to their specifications.

Key risks

  • Stripped interiors and a comprehensive budget for renovations make this a full-gut programme, not a refresh.
  • Visible signs of wear and required renovations throughout suggest potential for significant repair and upgrade costs.

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Map

Location

Renowell Court, Falkland Road, Torquay, TQ2
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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