1, Woodville Road, TORQUAY, Devon, TQ1 1LT

Description

By order of the Mortgagees in Possession. Freehold mid terrace house.

Accommodation

First floor: Principal bedroom with en-suite, one further bedroom, bathroom/wc, loft room. Ground floor: Reception room, kitchen. Outside: Garden.

Location

The property is located on Woodville Road. Shopping amenities are available locally within Torquay Town Centre located to the south with a further range of shops, bars and restaurants found in Exeter City Centre lying to the north. Public transport links are available at Torre Train Station located to the west and at Torquay Train Station along with a network of local bus services serving the surrounding areas. The property is served by road links including the A380 located to the west and the A379 lying to the east. Recreational pursuits can be found at Torquay Golf Course lying to the north and along the sea front.

Tenure / Property Information

Investment Analysis

The five supplied Land Registry comparables on the same road range from £188,000 to £248,000, with an average of £215,200. The most recent comparable, 21 Woodville Road, sold for £188,000 on 27 May 2026. A cautious base GDV of £209,000 is adopted, with £188,000 as the low scenario and £248,000 as the high evidence range. Comparability is limited because the sold property sizes, condition and specification are not supplied.

Investment Snapshot

Strategy Recommendation

Potential BTL or value-add purchase only subject to survey, legal-pack review, confirmation of parking/heating, achievable rent and all special-condition charges. Do not bid to a fixed maximum until the unknown works and total costs are established.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full survey and verify the condition of the kitchen, bathrooms, en-suite, loft room, services, heating and external areas before budgeting works. Legal and vacant-possession checks are also required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the adopted £209,000 GDV, 75% refinance equates to £156,750. BRRR feasibility cannot be confirmed because the required works budget, total project cost, finance costs and achievable refinance terms are unknown. The £1,800 contract documentation fee is known, while seller charges may also apply.

Buy-to-Let Analysis

The supplied advertised asking rent is £975 pcm, implying £11,700 annual gross rent and a 10.17% gross yield against the £115,000 guide price. This is an advertised rent rather than achieved or passing rent. A yield on total project cost cannot be established because refurbishment costs, seller charges and other acquisition costs are not fully evidenced.

Flip Analysis

The comparable evidence indicates a potential gross value uplift from the £115,000 guide to the adopted £209,000 GDV. However, a reliable flip surplus cannot be calculated because refurbishment costs, selling costs, finance costs and any seller charges are not supplied. The property is sold by Mortgagees in Possession, and condition remains unverified.

Investor Risks & Due Diligence

• Property condition and required refurbishment are not evidenced.

• The £975 pcm figure is an advertised asking rent, not achieved or passing rent.

• Seller charges may apply under the Special Conditions of Sale and are not quantified.

• Parking and heating details require confirmation.

• Internal floor area and detailed comparable specifications are not supplied.

• Auction purchase and Mortgagees in Possession sale require careful legal-pack and title review.

Recommendation

Potential BTL or value-add purchase only subject to survey, legal-pack review, confirmation of parking/heating, achievable rent and all special-condition charges. Do not bid to a fixed maximum until the unknown works and total costs are established.

Strategy Rating

Analysis Confidence

Same-road completed-sale evidence and one advertised rental provide useful valuation and rent indicators, but property condition, internal area, parking, heating, refurbishment cost, seller charges and passing rent are not evidenced.