Devon
Torquay
development finance.
Expert property development finance in Torquay, Devon. Median price £225,000, 1,193 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £225k
- Sales (12m)
- 1,193
- YoY change
- -2.2%
Property finance
in Torquay.
Torquay - english Riviera resort with premium seafront values and hotel-to-residential conversion opportunities. With a median property price of £225,000 and 1,193 transactions in the last twelve months, Torquay represents a healthy market with prices down 2.2% year-on-year.
Detached homes command a median of £420,000 while flats average £142,500, reflecting the breadth of Torquay's residential market. Terraced houses sit at £210,000, offering developers a range of scheme types from conversions to ground-up residential.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Torquay and the wider Devon area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Torquay scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Torquay developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Torquay
market snapshot.
HM Land Registry sold-price data for Torquay over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £225,000
- Sales (12m)
- 1,193
- YoY change
- -2.2%
- Approved (recent)
- 69
- Pipeline units
- 849
- Pipeline GDV
- £167.5M
Torquay development appraisal
Model the numbers
for your scheme.
Pre-populated with Torquay median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Torquay median prices. Adjust to match your scheme.
Build cost pre-filled at £2,330/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Torquay.
1,193 residential transactions in the last twelve months. Median sold price £225,000 (-2.2% YoY). 3 new-build transactions with a +1.3% premium over existing stock.
Detached
£420,000
Semi-Detached
£275,000
Terraced
£210,000
Flat
£142,500
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 24 Aug 2026 | 76, VICTORIA PARK ROADTQ1 3QJ | Terraced | £130,000 | Freehold |
| 19 Aug 2026 | 16, PRINCES ROAD EASTTQ1 1PE | Terraced | £122,000 | Freehold |
| 18 Aug 2026 | 124B, WESTHILL ROADTQ1 4NT | Flat | £200,000 | Leasehold |
| 18 Aug 2026 | 115, LYMINGTON ROADTQ1 4BG | Semi-Detached | £195,000 | Freehold |
| 18 Aug 2026 | 134, SHERWELL VALLEY ROADTQ2 6ET | Semi-Detached | £315,000 | Freehold |
| 18 Aug 2026 | 15, WILLIS COURT, SHIRBURN ROADTQ1 4JN | Flat | £95,000 | Leasehold |
| 17 Aug 2026 | THE MOUNT, ST MARKS ROADTQ1 2EH | Terraced | £730,000 | Freehold |
| 17 Aug 2026 | 2, COURTENAY MANOR, GRAFTON ROADTQ1 1UN | Flat | £150,000 | Leasehold |
| 17 Aug 2026 | 53, DUNMERE ROADTQ1 1LR | Terraced | £162,000 | Freehold |
| 14 Aug 2026 | 118A, EXE HILLTQ2 7RG | Semi-Detached | £355,000 | Freehold |
Planning pipeline
Planning activity
in Torquay.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2248/26/FUL | Demolition of existing dwelling and detached garage, construction of new dwellin… Near TQ5 0HE | 1 | £420,000 | Pending | 28/09/2026 |
| 2248/26/FUL | Demolition of existing dwelling and detached garage, construction of new dwellin… Near TQ5 0HE | 1 | £420,000 | Pending | 28/09/2026 |
| P/2025/0671 | Outline application for demolition of building and replacement with 8no. apartme… Near TQ1 2HH | 8 | £1.1M | Pending | 04/09/2026 |
| P/2026/0157 | Retention of part of commercial unit, currently vacant store areas, and conversi… Near TQ1 3BP | 1 | £142,500 | Pending | 04/09/2026 |
| P/2025/0768 | Change of use from guest house to dwelling. Near TQ4 6EG | 1 | £225,000 | Pending | 26/08/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| P/2026/0578 | Change of use and conversion of former doctors' surgery to 6 x self-contained su… Near TQ2 6HD | 6 | £855,000 | Pending | 11/09/2026 |
| P/2026/0558 | Change of use from single residential dwellinghouse (C3) to residential institut… Near TQ3 2AR | 0 | - | Pending | 07/09/2026 |
| P/2026/0532 | Change of use from ambulance offices (use class E) to residential institution as… Near TQ4 5UD | 0 | - | Pending | 24/08/2026 |
| P/2026/0516 | Outline planning application for the erection of a residential development compr… Near TQ5 9NP | 14 | £2.0M | Pending | 17/08/2026 |
| P/2026/0512 | Change of use of garage to affordable residential unit. Alterations to fenestrat… Near TQ5 8HA | 1 | £225,000 | Pending | 14/08/2026 |
Source: HM Land Registry price paid data, 12 months to October 2026 · Torbay planning register, retrieved October 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Torquay
— answered.
What is the average property price in Torquay?
Is Torquay a good area for property development?
What types of property finance are available in Torquay?
How do I apply for development finance in Torquay?
What are typical development finance rates in Torquay?
Expert guides
Further reading
on development finance.
How Much Does a Monitoring Surveyor Cost? Fees Explained
9 min read readValuation Fees for Development Projects: RICS Red Book Costs Explained
8 min read readThe Cost Approach to Valuation: When Lenders Use Build Cost Methods
12 min read readEnvironmental Searches for Development Finance: Contamination Risks
10 min read readWhere we fund
Torquay,
Devon.
Nearby markets
Adjacent towns
we also fund.
Exeter
Median · £300,000
Cathedral city with university-driven growth, biomedical hub, and significant eastern expansion at Cranbrook
Plymouth
Median · £220,496
Naval port city with waterfront regeneration, two universities, and affordable development land
Newton Abbot
Median · £293,250
South Devon market town with major housing growth areas and commuter appeal to Exeter
Barnstaple
Median · £286,250
North Devon's largest town with regional service centre role and tourism-adjacent economy
Tiverton
Median · £280,000
Mid-Devon market town with new A361 improvements and growing residential demand
Exmouth
Median · £320,000
Coastal town with Exe estuary waterfront and growing appeal from Exeter commuters
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Torquay and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.