Flat 2 Park Side Villas Palermo Road

    FLAT 2 PARK SIDE VILLAS, PALERMO ROAD, TORQUAY, TQ1 3NW

    This flat/maisonette leasehold property on Palermo Road last sold in July 2016 for £145,000. Based on price growth in the TQ1 district since then, its estimated current value is £172,065 — placing it in the 17th percentile nationally and the 31st percentile within TQ1. The property covers 56 m² (603 sq ft), giving an estimated value of £3,073 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £145,000

    Jul 2016

    Estimated Valuation

    £172,065

    Est. £/sq ft

    £285/sq ft

    £3,073/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateSept 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2016

    £145,000

    Key Metrics

    Estimated valuation£172,065
    Value per sq ft / m²£285/sq ft (£3,073/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile31st percentile
    National percentile17th percentile

    District Context — TQ1

    TQ1 covers Torquay town centre and the immediate surrounding areas on the English Riviera in South Devon. It is a established seaside resort destination that blends holiday appeal with permanent residential communities.

    Average Property Price - TQ1

    £247,324

    27

    National percentile

    Average Net Household Income - TQ1

    £32,859

    18

    National percentile

    10-Year Annualised Price Growth - TQ1

    2.1%

    10

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    View full analysis for TQ1

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