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Lichfield Avenue, Torquay TQ2 - Image 1
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Lichfield Avenue, Torquay TQ2

South West

£210,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
807 sqft

Description

This three-bedroom mid-terrace house presents a promising opportunity for investors and homebuyers seeking to enhance a property to their personal specifications. The home is chain-free and features double glazing and gas central heating, laying a solid foundation for renovation. While the interior requires cosmetic upgrades, it offers a blank canvas for those looking to modernise or reconfigure the space according to their preferences. The generous rear garden boasts three distinct levels, allowing for creative landscaping possibilities and the chance to develop outdoor living areas. The property is well-situated on Lichfield Avenue, close to local amenities, public transport links, and the beautiful coastal attractions of Torquay—often referred to as 'The English Riviera.' With some thoughtful renovations, this property has significant potential to increase in value and enhance its livability.

Investment Analysis

(TQ2 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£260/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£250,376
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -2.6%
5 year growth: +9.1%
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

Lichfield Avenue, Torquay TQ2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£757
Based on a loan of £157,500 over 30 years at 4.06% 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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