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Hele Road, Torquay TQ2

South West

£130,000Guide Price

Listed on 28/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
1081 sqft

Description

This two-bedroom mid-terraced house on Hele Road presents a compelling renovation project for potential buyers. With two spacious reception rooms and a kitchen that opens to a private courtyard garden, this property offers ample opportunities for reconfiguration and modernization. Both bedrooms upstairs are well-sized, and the family bathroom is laid out conveniently. While the home requires comprehensive updating throughout, it holds significant promise for those looking to infuse their personal style and enhance its value. The enclosed courtyard garden provides a manageable outdoor area with plenty of scope for improvement. Located in a well-established residential neighborhood, close to local amenities and transport options, this property is perfect for first-time buyers or investors eager to create a comfortable living space tailored to modern standards. Viewing is essential to fully appreciate the potential this home has to offer.

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Investment analysis

(TQ2 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£120/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£338,121
10% above area average per sq ft
Potential ROI
+93.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -3.2%
5 year growth: +6.4%
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

Hele Road, Torquay TQ2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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

Price History

-13.3% since listed
£130,000£20,000(-13.3%)
13/06/2026
Current price
£150,000Initial listing
01/05/2026

Next Steps

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