Summary - Warbro Road, Torquay, Devon, TQ1 TQ1 3PP
4 bed 1 bath Terraced
Shared-ownership Victorian terrace with Home for Life option — ideal for over-60s who can renovate..
Victorian terraced house with original bay windows and high ceilings
Lifetime Lease example price £174,250 for eligible over-60s (guide)
Full market price £260,000; actual price varies by age and share bought
Four bedrooms but only one bathroom; renovation required throughout
Shared-ownership/Lifetime Lease — verify tenure and legal details
Decent private plot and small front garden; multi-storey layout
Fast broadband, excellent mobile signal, low local crime
Suitable for downsizers/retirement buyers prepared to modernise
This Victorian terraced house on Warbro Road offers a practical retirement option for buyers aged 60+ through the Home for Life Lifetime Lease. The property has period character—bay windows, high ceilings and original coving—paired with a modest rear garden and a sensible four-bedroom layout across multiple storeys. It suits someone seeking spacious rooms with scope to modernise rather than a turnkey home.
The Lifetime Lease guide price is £174,250 (example based on average savings); full market value is £260,000. The plan allows purchasers aged 60 and over to buy a percentage share (up to 50%) to reduce upfront cost. Actual price depends on age, circumstances and the share purchased; use the Homewise calculator or request a personalised quote for exact figures.
Practical drawbacks are clear: the house needs modernisation throughout, has only one bathroom for four bedrooms, and tenure details should be verified with a solicitor given shared-ownership and Lifetime Lease arrangements. The overall property is described as small externally but offers around 1,052 sq ft internally and a decent plot — good potential for refurbishment to suit retirement living or downsizing with future security features.
Local amenities are strong for everyday needs: nearby shops, leisure facilities and good local schools and healthcare services. Low crime, fast broadband and excellent mobile signal add to practical comfort. This is a realistic option for an over-60 buyer wanting to reduce capital outlay while securing long-term occupation, provided they are prepared to invest in updating and confirm legal/tenure details.
4 bedroom terraced house for sale in Cary Park Road, Babbacombe, Torquay, Devon, TQ1 — £217,750 • 4 bed • 1 bath • 812 ft²
4 bedroom semi-detached house for sale in Kings Road, Paignton, Devon, TQ3 — £234,500 • 4 bed • 2 bath • 1818 ft²
4 bedroom terraced house for sale in Polsham Park, Paignton, Devon, TQ3 — £268,000 • 4 bed • 2 bath • 1367 ft²
4 bedroom terraced house for sale in Kenwyn Road, Torquay, Devon, TQ1 — £201,000 • 4 bed • 1 bath • 920 ft²
5 bedroom terraced house for sale in Trumlands Road, St Marychurch, Torquay, Devon, TQ1 — £268,000 • 5 bed • 3 bath • 1620 ft²
4 bedroom terraced house for sale in Westhill Road, Torquay, Devon, TQ1 — £181,000 • 4 bed • 2 bath • 1043 ft²
