Worst House on the Street Logo
Flat 3, Lorna Doone, Torwood Gardens Road, Torquay, Devon TQ1 - Image 1
Flat 3, Lorna Doone, Torwood Gardens Road, Torquay, Devon TQ1 - Image 2
Flat 3, Lorna Doone, Torwood Gardens Road, Torquay, Devon TQ1 - Image 3

Flat 3, Lorna Doone, Torwood Gardens Road, Torquay, Devon TQ1

South West

£40,000
Listed on 15/04/2026

Property Details

Bedrooms
N/A
Type
Studio

Description

This vacant ground floor flat in Torquay offers a blank canvas for those looking to invest in a renovation project. Nestled within a desirable residential neighborhood at the rear of an expansive Victorian property, this flat is primed for improvement. The opportunity to transform this space into a modern living area or rental unit makes it particularly appealing for savvy investors or buyers with vision. As it stands, the property requires comprehensive refurbishment, allowing for complete customization according to personal tastes or market demands. Regular viewing sessions will be available leading up to the auction, providing potential buyers the chance to assess the property firsthand.

Investment Analysis

(TQ1 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on TQ1 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

Flat 3, Lorna Doone, Torwood Gardens Road, Torquay, Devon TQ1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£142
Based on a loan of £30,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates