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Torquay
development finance.

Expert property development finance in Torquay, Devon. Median price £223,250, 749 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£223k
Sales (12m)
749
YoY change
-4%
Devon sandy beach coastline

Torquay, Devon

Property finance
in Torquay.

Torquay - english Riviera resort with premium seafront values and hotel-to-residential conversion opportunities. With a median property price of £223,250 and 749 transactions in the last twelve months, Torquay represents a steady market with prices down 4% year-on-year.

Detached homes command a median of £410,000 while flats average £150,000, reflecting the breadth of Torquay's residential market. Terraced houses sit at £215,000, 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.

Live market data

Torquay
market snapshot.

HM Land Registry sold-price data for Torquay over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.

Median price
£223,250
Sales (12m)
749
YoY change
-4%

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.

£
£
£
%

Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,204,500
Senior Debt (65% LTGDV)£1,072,500
Equity Required£132,000
Interest (18m)£120,656
Profit on Cost24.5%
Senior Debt£1,072,500
Equity£132,000

Land Registry data

Recent property sales
in Torquay.

749 residential transactions in the last twelve months. Median sold price £223,250 (-4% YoY). 7 new-build transactions with a +2.3% premium over existing stock.

Detached

£410,000

Semi-Detached

£275,000

Terraced

£215,000

Flat

£150,000

DateAddressTypePrice
19 Feb 202621, KENTS LANETQ1 2PPTerraced£205,000
17 Feb 20265, THE HEADLANDSTQ2 6SWFlat£360,000
16 Feb 2026THE CONSERVATORY, SUNNYHILL, HIGHER WARBERRY ROADTQ1 1PHFlat£360,000
13 Feb 20266, BENCH TOR CLOSETQ2 7SHSemi-Detached£265,000
13 Feb 20262, HIGHBURY ROADTQ1 1TETerraced£195,000
12 Feb 20261, PILMUIR AVENUETQ2 6ALSemi-Detached£283,000
11 Feb 202629, MERLIN WAYTQ2 7TETerraced£215,500
11 Feb 20269, HALSTEADS ROADTQ2 8EXTerraced£237,000
11 Feb 202625, HOLME COURT, LOWER WARBERRY ROADTQ1 1QRFlat£220,000
10 Feb 202613, BUDLEIGH CLOSETQ1 3UESemi-Detached£300,000

Common questions

Property finance in Torquay
— answered.

What is the average property price in Torquay?
The median property price in Torquay is £223,250, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £410,000, semi-detached properties at £275,000, terraced houses at £215,000, flats at £150,000.
Is Torquay a good area for property development?
Torquay recorded 749 property transactions in the last 12 months, with prices adjusting 4% year-on-year - creating potential value opportunities for developers. English Riviera resort with premium seafront values and hotel-to-residential conversion opportunities. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Torquay?
We arrange the full range of property development finance in Torquay: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Torquay?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Torquay?
Development finance rates for Torquay projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.6M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Torquay,
Devon.

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.