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Chelston, Torquay TQ2

South West

£450,000
Listed on 29/03/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
3102 sqft

Description

This semi-detached Victorian house, located on a corner plot, offers an excellent opportunity for renovation and investment. Spanning four levels, the residence retains a wealth of period features, which could be beautifully restored to their former glory. Having been a cherished family home for nearly five decades, it now awaits a new owner to breathe fresh life into its spaces. The property is situated in a desirable area of Torquay, conveniently close to the Sea Front and the expansive Cockington Country Park, providing both natural beauty and recreational opportunities. Local amenities are easily accessible, including village shops and well-regarded schools, making this location attractive for families. The house features a variety of living spaces that lend themselves well to reconfiguration or modernization. From high-ceilinged rooms with ornate cornice work to a garden room leading out to well-established gardens, there is considerable potential here. The accommodation flows from an entrance lobby leading into the reception hall and beyond into generous drawing and dining rooms. A separate kitchen space provides scope for modern updates while maintaining original character elements. The upper floors contain multiple bedrooms, with one area currently structured as a self-contained unit that could be reverted back into traditional bedroom space. With gas central heating already in place and good accessibility via public transport links, this property represents not just a home but an exciting project for investors or homeowners looking for character and charm in a flourishing seaside town.

Investment Analysis

(TQ2 area)

Below Market Value

This property is priced -48.3% below area average per sq ft

-48.3%
Potential saving
This Property
£145/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£957,805
10% above area average per sq ft
Potential ROI
+77.4%
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

Chelston, 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
£1,594
Based on a loan of £337,500 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.

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