Wellington Street, Torpoint PL11
South West
£130,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
897 sqftFeatures
- Garden
Description
This three-bedroom mid-terrace house in Torpoint is offered with no onward chain and requires refurbishment. The ground floor includes an entrance hall, living room, kitchen/breakfast room and wet room. Upstairs, the bedroom arrangement includes a connecting doorway, with one room accessed through another; the listing notes that the layout could be altered to provide a corridor or changed to a more conventional two-bedroom arrangement.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £130,000, this three-bedroom Torpoint terrace is offered at £145 per sq ft, around 50% below the local average—a strong entry point for someone looking to acquire and add value. The £40,000–£70,000 renovation range gives a sense of the project’s scale; the asking price plus the existing works midpoint is £185,000, before fees and other costs. That is not a GDV, and a renovated home’s value may differ from the local average used in the calculation.
There is plenty to reshape: worn finishes and ceiling deterioration across several rooms, an older kitchen and an unconventional bedroom access arrangement create scope for a substantial update and a more functional layout. The wet room appears comparatively recent and serviceable, while the enclosed two-level garden offers room to tidy and improve. The frontage looks generally intact, with no clear roof failure visible in the photos.
Key opportunities
- Rework the bedroom access arrangement to create a more functional layout, potentially with a corridor or a simpler two-bedroom configuration.
- Replace the dated kitchen and refresh worn finishes and flooring to give the interior a coherent modern update.
- Improve the enclosed two-level garden and explore the listing’s suggested rear-extension potential, subject to planning permission.
Key risks
- Ceiling spotting, flaking and apparent damage across several rooms should be investigated and allowed for in the works plan.
- The worn interiors, damaged-looking ceiling areas and kitchen work make this a substantial programme: the £40,000–£70,000 works range is a full-project budget, not a cosmetic refresh.
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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.
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