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Peasland Road, Torquay TQ2

South West

£290,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
969 sqft

Description

This chain-free two-bedroom detached bungalow offers an exceptional opportunity for investors and homebuyers looking to personalize a property. With the necessary updates throughout, it stands as a blank canvas, allowing for complete customization of interiors to suit your preferences. The front features a driveway for convenient off-road parking leading to an integral garage. Upon entry, a generously-sized sunroom porch greets you, opening into a spacious living room filled with natural light. The galley-style kitchen is functional with several wall and base units, seamlessly connecting to a conservatory that provides delightful garden views and extra space for relaxing or entertaining. This area also has direct access to the garage, enhancing daily convenience. The layout further includes two double bedrooms equipped with built-in wardrobes and a three-piece bathroom completing the accommodation. Outside, the expansive garden is enclosed by tall rendered walls ensuring privacy. Mostly hard landscaped, it features paved areas, pathways, gravel sections, raised beds, and mature plants along the boundary. This space offers tremendous potential for redesigning into an outdoor oasis ideal for gatherings or improved landscaping. Situated conveniently close to local shops in Barton and Moor Lane, additional amenities can be found in St Marychurch and The Willows just two miles away. Nature enthusiasts will appreciate the proximity to Brunel Woodland and scenic South Devon coastal footpaths leading down to Watcombe Cove.

Investment Analysis

(TQ2 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£299/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,198
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -1.3%
5 year growth: +9.2%
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

Peasland Road, Torquay TQ2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,500 over 30 years at 3.91% 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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