Farnborough House, 3, Warren Hill, Torquay, Devon, TQ2 5SH
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Farnborough House, 3, Warren Hill, Torquay, Devon, TQ2 5SH

By Property Ladder

£ 62,500

Reviews

2 out of 5 stars

Property Ladder says ..

A COMPLETE RENOVATION PROJECT ! A converted ground floor flat located in this period, listed building. Accommodation briefly comprising lounge, kitchen area, bedroom and shower room. Electric heating. Ideal for access to the Town Centre. Good rental potential once completed it will be offered ...

Property Oracle says ..

This property presents itself as a renovation project. Located in Tormohun, Torquay, it offers a one-bedroom, one-bathroom flat within walking distance of the town centre. This is a significant advantage, providing convenient access to amenities. The provided images indicate the property needs extensive refurbishment. The walls and floors show signs of wear and damage. Fixtures such as the kitchen and bathroom appear dated and would need complete overhauling. The absence of a garden is noteworthy. While the location is desirable, the considerable work required to bring the property up to a habitable standard should be carefully weighed by potential buyers. It’s crucial for interested buyers to obtain a professional survey to assess the extent of necessary repairs and the overall cost implications before making an offer. The price, while lower than some nearby properties, reflects the extensive work needed. The proximity to town centre amenities, train station and schools may offset renovation costs for a buyer who prefers that location and has an interest in undertaking the improvements to achieve a potential future profit.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
500.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
294,333.00 £
Increased by 15.16 %
from 255,576.00 £
Est sale value
162,500.00 £
Increased by 27.45 %
from 127,500.00 £
Average area rental value
802.00 £/mo
Decreased by 15.22 %
from 946.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.27 %
Decreased by 26.35 %
from 4.44 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Property Ladder marked this listing as sold.

  • Property Ladder created the listing.

Nearby Schools

NameTypeOfstedDistance
Torquay Children'S CentreChildren's Centre0.35 KM
Eat That Frog C.I.CSpecial Post 16 InstitutionGood0.44 KM
Ef Academy TorbayOther Independent School0.46 KM
Ellacombe Church Of England AcademyAcademy Sponsor LedGood0.84 KM
Warberry Cofe AcademyAcademy ConverterGood1.28 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Swan Street £ 000.00 KM
Banner Cross Steps £ 350,00000.00 KM
Briary Lane £ 000.00 KM
Castle Circus Court £ 295,00000.00 KM
Saint Marychurch Road £ 363,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Torquay3434TQY1.71 KM
Torre3432TRR2.24 KM
Paignton3427PGN5.24 KM
Teignmouth3430TGM10.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Torquay £ 200,000BUYUnknown0.02 KM
Tor Haven, Abbey Road, Torquay, TQ2 £ 75,000BUY5 / 100.07 KM
Tor Haven, Abbey Road, Torquay, TQ2 £ 80,000BUY5 / 100.07 KM
Tor Haven, Abbey Road, Torquay, TQ2 £ 70,000BUY4 / 100.07 KM
Tor Haven, Abbey Road, Torquay, TQ2 £ 60,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
5 Warren Hill £ 140,0000.02 KM
7 Warren Hill £ 140,0000.02 KM
16a Melville Street £ 19,5000.04 KM
16 Melville Street £ 19,0000.04 KM
6 Melville Street £ 74,0000.04 KM