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Cliff Park Road, Paignton TQ4

South West

£595,000
Listed on 26/03/2026

Property Details

Bedrooms
N/A
Type
Block Of Apartments

Description

This property presents a remarkable investment opportunity in the picturesque seaside location of Goodrington, Paignton. Comprising four self-contained holiday apartments and a chalet with approved conversion rights, this estate is strategically positioned just a leisurely stroll away from the popular Goodrington Sands Beach. The property capitalizes on the strong tourist appeal of the English Riviera, benefiting from year-round visitors attracted to its sandy shores and local amenities such as water sports, dining options, and attractions like the Splashdown Quay West Water Park. Blue Waters Holiday Apartments are not only aesthetically appealing but also designed for optimal rental performance. Each apartment boasts its own private entrance and showcases modern fixtures alongside charming character features like exposed beams and garden seating areas. The existing layout provides flexibility; the two larger flats could be combined to create an extensive residential space while still generating income from the remaining units. Furthermore, the detached chalet offers great potential for growth with planning consent already in place for transformation into additional accommodation. With a historically successful holiday letting track record, proven guest satisfaction, and ample room for increased revenue through strategic marketing or seasonal pricing adjustments, this property stands out as an exceptional prospect for lifestyle buyers or seasoned investors alike.

Investment Analysis

(TQ4 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TQ4)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -6.8%
5 year growth: +19.8%
Investment Disclaimer: Analysis based on TQ4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cliff Park Road, Paignton TQ4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,146
Based on a loan of £446,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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