The Reeves Road, Torquay, Devon, TQ2 - Image 1
The Reeves Road, Torquay, Devon, TQ2 - Image 2
The Reeves Road, Torquay, Devon, TQ2 - Image 3

The Reeves Road, Torquay, Devon, TQ2

South West

£139,000

Listed on 06/11/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Features

  • Garden
  • Tenanted

Description

This Torquay property is arranged as two self-contained one-bedroom apartments, with a ground-floor flat and a top-floor flat. The upper apartment is described as recently renovated, with a fitted kitchen, a double bedroom, a shower room and a separate living room. The ground-floor apartment has its own kitchen, reception room, bedroom and bathroom, and is stated to require full renovation, offering scope to reconfigure and update it. It also has direct access to a terraced rear garden with lawned sections and steps. The listing describes the property as being in a residential part of Torquay, within reach of local shops, amenities, schools, public transport, the town centre and the seafront. The agent reports current rental income of £1,130 per month and an expected future figure of £1,400 per month; these figures should be checked alongside the tenancy, title and condition details. The property is marketed as a two-apartment building with one unit presented for immediate use and the other requiring substantial work.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: LOW

At £139,000, this is a two-apartment property with a clear split between a clean, recently modernised upper flat and a ground-floor flat offering substantial scope to rework and improve. The ground-floor rooms are dated and heavily cluttered, while the rear garden adds outdoor space with direct access from that flat. The asking price cannot yet be judged against local £/sqf values because floor area is missing.

The score is held back by limited condition and value evidence rather than a confirmed pricing problem: without usable floor area, value versus local £/sqf cannot be assessed, and the overall opportunity remains low. The upper apartment offers a usable, modernised counterpart while the ground-floor flat provides the main value-add project; the garden steps and edges also look worn and overgrown.

Key opportunities

  • Rework the ground-floor apartment’s dated kitchen, bathroom and living spaces to create a more cohesive one-bedroom flat.
  • Improve the terraced rear garden, including its overgrown areas and worn steps, to make better use of the ground-floor flat’s direct access.
  • The clean, recently modernised upper apartment provides a contrasting, more immediately usable one-bedroom flat within the same building.

Key risks

  • The ground-floor flat is heavily cluttered and has stripped-back potential rather than a cosmetic-refresh scope; allow for a substantial, multi-room programme and the time needed to clear and rebuild its interior.
  • The rear garden’s steps and edges look worn and some areas are overgrown; the roof condition is not established by the available images.

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Map

Location

The Reeves Road, Torquay, Devon, TQ2
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Transport

Nearest stations

  • Torre Rail Station

    0.4 miles

    Train · Torre

  • Torquay Rail Station

    0.7 miles

    Train · Torquay

  • Paignton Rail Station

    2.4 miles

    Train · Paignton

  • Newton Abbot Rail Station

    4.7 miles

    Train · Newton Abbot

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£568
Based on a loan of £104,250 over 30 years at 5.13% 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

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

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