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Oxlea Road, Torquay TQ1

South West

£625,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1724 sqft

Description

This detached house is positioned in a sought-after area of Torquay, nestled on a wooded hillside known for its tranquil environment and attractive sea views. The property boasts spacious open-plan living areas alongside three bedrooms, all set within well-established gardens that offer both decked terraces and lush lawn space. Notably, renovation works have already been initiated, with an extension project currently in progress; planning permission was granted in 2019 and has been recently amended in 2023 to transform the home into a five-bedroom residence. This presents a significant opportunity for future owners to enhance the property's value and customize it to their preferences. The interior features include a reception hall leading to a generous sitting/dining room with large windows that frame the picturesque sea views. The kitchen is equipped with modern appliances but is in need of updating, while the utility room requires re-fitting. Upstairs, you'll find three double bedrooms with potential for further reconfiguration. The outdoor space is equally appealing, featuring multi-tiered timber decking and an enclosed sloped garden enriched with mature landscaping. With its combination of location, sea views, and existing planning permission for expansion, this house offers an exciting chance for investment or personal renovation in one of Torquay's most coveted spots.

Investment analysis

(TQ1 area)

Above Market Value

This property is priced +39.4% above area average per sq ft

+39.4%
This Property
£363/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£493,159
10% above area average per sq ft
Potential ROI
-30.0%
After renovation
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
5%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.5%
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

Oxlea Road, Torquay TQ1
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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
£2,361
Based on a loan of £468,750 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

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