5 Bed HMO, Torquay, TQ1 1NT, £110,000

Warberry Road West, Torquay, TQ1 1NT - 2 views - a month ago

Sold STC
HMO
Cash
Refurb/BRRR
Planning
ROI: 10%
~149 m²
+14 photos

ValuationFair Value

Sold Prices£195K - £850K
Sold Prices/m²£998/m² - £5.7K/m²

 

 

Square Metres

~148.80 m²
Price/m²£739/m²

Value Estimate

£110,000

 

 

End Value (After Refurb)

£278,927

Uplift in Value

+154%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£60,323

Bridging Loan Interest

£2,888

Total Cash In

£99,160

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£278,927

Agent Fees (1%)

£2,789

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£94,478

Local Sold Prices

40 sold prices from £195K to £850K, average is £417.5K. £998/m² to £5.7K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£291.3K03/210.05 mi56, Warberry Road West, Torquay, Torbay TQ1 1NU5
£500K03/230.19 miThe Villa, 31f, Ash Hill Road, Torquay, Torbay TQ1 3JB5
£328K01/230.23 mi33, Chatsworth Road, Torquay, Torbay TQ1 3BJ5
£740K03/210.3 miTamarisk, Hillesdon Road, Torquay, Torbay TQ1 1QF5
£410K12/210.3 mi8, Windsor Road, Torquay, Torbay TQ1 1TD5
£230K03/210.33 mi9, Tor Hill Road, Torquay, Torbay TQ2 5RN5
£320K06/210.41 miSelma, Bronshill Road, Torquay, Torbay TQ1 3HA5
£360K06/210.43 mi10a, Thurlow Road, Torquay, Torbay TQ1 3DZ5
£310K12/220.44 mi47, Morgan Avenue, Torquay, Torbay TQ2 5RR5
£426K12/220.48 mi10, Shirburn Road, Torquay, Torbay TQ1 3JH5
£195K09/210.51 mi19, Lower Thurlow Road, Torquay, Torbay TQ1 3EL5
£425K12/220.58 mi16, Quinta Road, Torquay, Torbay TQ1 3RN5
£215K08/210.59 mi32, Church Lane, Torquay, Torbay TQ2 5SE5
£310K06/230.62 mi8, Enfield Road, Torquay, Torbay TQ1 3RS5
£450K12/220.63 miMelrose House, Tor Vale, Torquay, Torbay TQ1 4EB5
£470K06/230.64 mi58, Reddenhill Road, Torquay, Torbay TQ1 3RR5
£585K11/220.65 miAlpine Court, Devons Road, Torquay, Torbay TQ1 3PR5
£537.5K02/230.65 mi39, Meadfoot Lane, Torquay, Torbay TQ1 2BP5
£640K05/210.67 mi11, St Georges Crescent, Torquay, Torbay TQ1 3QU5
£751K12/210.72 mi4, Den Brook Close, Torquay, Torbay TQ1 3TP5
£700K11/220.73 miArlesey Dene, Mill Lane, Torquay, Torbay TQ2 5AW5
£720K11/200.76 miMerida, Parkhill Road, Torquay, Torbay TQ1 2DQ5
£290K01/210.77 mi2, Wrights Lane, Torquay, Torbay TQ1 4HN5
£280K04/230.78 mi45, Avenue Road, Torquay, Torbay TQ2 5LG5
£350K06/210.78 mi16, Perinville Road, Torquay, Torbay TQ1 3NZ5
£410K09/230.8 mi68, Avenue Road, Torquay, Torbay TQ2 5LF5
£600K10/220.82 miWellswood House, Lincombe Hill Road, Torquay, Torbay TQ1 2HN5
£300K04/210.83 mi69, Perinville Road, Torquay, Torbay TQ1 3PA5
£775K10/220.84 miGreycote, Daddyhole Road, Torquay, Torbay TQ1 2ED5
£205K05/210.85 mi10, York Road, Torquay, Torbay TQ1 3SG5
£262.5K02/230.86 mi34, Innerbrook Road, Torquay, Torbay TQ2 6AQ5
£442K11/220.86 mi98, Westhill Road, Torquay, Torbay TQ1 4NT5
£665K05/230.88 mi48, Haldon Road, Torquay, Torbay TQ1 2LX5
£487.5K02/210.92 miLoughton, Old Mill Road, Torquay, Torbay TQ2 6HJ5
£850K02/230.93 miCourtland, Higher Downs Road, Torquay, Torbay TQ1 3LD5
£715K12/200.95 miAshfield Lodge, Ashfield Road, Torquay, Torbay TQ2 6HH5
£540K04/210.96 mi4, Walnut Road, Torquay, Torbay TQ2 6HS5
£320K05/210.97 mi14, Sherwell Lane, Torquay, Torbay TQ2 6BD5
£355K06/210.97 mi2, Sherwell Lane, Torquay, Torbay TQ2 6BD5
£330K05/230.97 mi42, Sherwell Lane, Torquay, Torbay TQ2 6BD5

Local Area Statistics

Population in TQ1

31,207

Population in Torquay

65,319

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £110,000

March 12, 2025

Floor Plans

Description

  • END OF TERRACED HOUSE +
  • STRUCTURAL ISSUES +
  • REQUIRES MODERNISING +
  • GOOD POTENTIAL +
  • 5 BEDS +
  • VACANT +

CASH BUYERS ONLY A 5 bedroom 2 reception end terraced house now requiring full modernisation and possible structural repair. Set over 3 levels this extended house occupies a corner plot and offers versatile accommodation as either a family home, HMO or split into flats (subject to the usual consents, planning etc.). Being offered with no onward chain. Porch Double glazed front door and window windows.  Lounge - 4.3m x 4.2m (14'1" x 13'9") Double glazed window overlooking rear garden and enjoying open outlook across the locality.  Inner Hallway Bathroom Bath, wash basin and WC.  Storage - 3.1m x 1.8m (10'2" x 5'10") Sink unit and cupboards. Dining Room - 4.2m x 3.8m (13'9" x 12'5") Double glazed window to the rear aspect. Radiator.  Kitchen - 3.4 m x 2.8 m max irregular shape Double glazed window and door to outside. Valliant gas boiler. Electric meter and fuse box. Gas meter.  Stairs to 1st floor landing Double glazed window. Bedroom One - 4.3m x 3.2m (14'1" x 10'5") A double room with a double glazed window enjoying an open outlook across Ellacombe Park.  WC High flush WC. Double glazed window.  Bathroom Bath and wash basin. Radiator. Window.  Bedroom Two - 4.3m x 3.2m (14'1" x 10'5") Original tiled fireplace. Double glazed window. Built-in cupboard plus under stairs cupboard. Bedroom Three - 0m x 0m (0'0" x 0'0") Double glazed window with outlook similar to bedroom1. Original tiled fireplace. Stairs to 2nd floor landing with access to loft space Bedroom Four - 4.3m x 3.2m (14'1" x 10'5") Double glazed window to the front aspect original tiled fireplace.  Bedroom Five - 4.3m x 3.2m (14'1" x 10'5") Views across to Ellacombe Park. Built in cupboard.  Outside Outside, there is a rear garden extending to the side of the property with gate leading onto Potters Hill.  Parking Currently on road, however, it may be possible to create offer a parking within the rear garden subject to all planning, consents, etc.  Verified Material Information
Council tax band: C
Tenure: Freehold
Property type: House
Property construction: Standard form
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Central heating
Heating features: None
Broadband: No broadband connection
Parking: On Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: Survey Instructed
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert. AGENTS NOTES These details are meant as a guide only. Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc. Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale. Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed. We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.

Agent Details

Taylors (Torbay) Ltd, Torquay

01803 201904

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