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32 Monserrat Rise, Torquay TQ2 - Image 1
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32 Monserrat Rise, Torquay TQ2

South West

£100,000
Listed on 19/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a unique opportunity for those with an eye for renovation and investment. With full detailed planning permission already secured under reference P2019/1197, the buyer will have the chance to develop a two-storey, four-bedroom detached house on a generous building plot. Upon completion, the title will be split, adding further potential value. Spanning approximately 134.5 square metres of floor area, this property allows for comfortable living and presents an excellent foundation for customization. There is also potential for a loft conversion, subject to obtaining necessary permissions, which could enhance both space and value significantly. The inclusion of an integral garage and dedicated parking adds practicality to the design. Situated in an elevated position, this plot benefits from pleasant views over the surrounding landscape, providing a peaceful environment ideal for relaxation. The private driveway ensures residents enjoy a sense of exclusivity and seclusion from urban distractions. This property stands out not only as a personal project but also as an attractive investment option in the current real estate market. With plans available for review, it serves as a blank canvas ready to be tailored to individual preferences or market demands. Located within the desirable Willows Estate of Torquay, the area offers convenient access to Wren Retail Park and nearby reputable grammar schools as well as Torbay Hospital. The ring road is easily accessible, connecting residents to Newton Abbot, Exeter, and beyond. For those seeking local amenities, Torquay's vibrant sea front and town centre are just 2.5 miles away. In summary, this property presents substantial renovation potential—ideal for aspiring homeowners or savvy investors looking to capitalize on a promising development opportunity in a sought-after location.

Investment Analysis

(TQ2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£150,000 - £200,000
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
14%
Properties sold annually

Local Market Trend (TQ2)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 2.9%
5 year growth: 25.5%
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

32 Monserrat Rise, Torquay TQ2
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE