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Torquay
development finance.

Expert property development finance in Torquay, Devon. Median price £223,250, 807 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£223k
Sales (12m)
807
YoY change
-2.9%
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 807 transactions in the last twelve months, Torquay represents a steady market with prices down 2.9% year-on-year.

Detached homes command a median of £421,000 while flats average £145,000, 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.

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
£223,250
Sales (12m)
807
YoY change
-2.9%

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

Total Cost£1,980,000
Senior Debt (65% LTGDV)£1,146,600
Equity Required£833,400
Interest (18m)£128,993
Profit on Cost-16.4%
Senior Debt£1,146,600
Equity£833,400

Land Registry data

Recent property sales
in Torquay.

807 residential transactions in the last twelve months. Median sold price £223,250 (-2.9% YoY). 2 new-build transactions with a % premium over existing stock.

Detached

£421,000

Semi-Detached

£280,000

Terraced

£210,000

Flat

£145,000

DateAddressTypePrice
23 Jun 202621, BYRON ROADTQ1 4PHDetached£285,000
19 Jun 202615, SANFORD ROADTQ2 6ANTerraced£120,000
18 Jun 20263, KINTYRE CLOSETQ2 7BQDetached£288,000
17 Jun 202628, CAMBRIDGE ROADTQ1 4QNTerraced£225,000
16 Jun 2026NEWLANDS, WELLSWOOD AVENUETQ1 2QEDetached£625,000
15 Jun 20265, SUNNYHILL, HIGHER WARBERRY ROADTQ1 1PHFlat£280,000
15 Jun 20263, OXLEA CLOSETQ1 2HBDetached£610,000
15 Jun 2026FLAT 9, ILSHAM HOUSE, ASHELDON ROADTQ1 2QUFlat£120,000
15 Jun 202610, WELLINGTON ROADTQ1 3BATerraced£189,000
12 Jun 2026140, WINDSOR ROADTQ1 1SRSemi-Detached£405,000

Source: HM Land Registry price paid data, 12 months to August 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?
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 £421,000, semi-detached properties at £280,000, terraced houses at £210,000, flats at £145,000.
Is Torquay a good area for property development?
Torquay recorded 807 property transactions in the last 12 months, with prices adjusting 2.9% 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 £1.7M, 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.