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Windmill Avenue, Preston, Paignton

South West

£399,950
Listed on 01/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1074 sqft

Description

Located in the desirable residential area of Preston, this detached bungalow presents a solid foundation for those interested in renovation or investment opportunities. The property is situated within close proximity to local conveniences, including shops, a doctor's surgery, and supermarkets, while also being mere minutes away from the beautiful beaches of Preston and Paignton. This well-kept home enjoys some distant sea views and is tucked away in a peaceful cul-de-sac, boasting a spacious brick-paved driveway that provides ample off-road parking—ideal for various vehicles including boats or motorhomes. A single garage further enhances the functionality of the property. The interior includes an entrance porch leading into a hallway that connects to a lounge featuring attractive sea views and a gas fireplace. The fitted kitchen overlooks the rear garden and is equipped with a large range oven, presenting potential for modern upgrades tailored to one’s taste. Currently configured with three double bedrooms—one serving as a dining room with French doors leading to the rear garden—the layout offers flexibility for reconfiguration if desired. The shower room showcases a walk-in double shower enclosure and could benefit from contemporary styling. Further advantages include gas central heating, PVCu double glazing, and an enclosed rear garden that features both lawned areas and patio space along with a summer house. Importantly, there is significant scope to extend or further develop the property (subject to necessary consents), making this an intriguing opportunity for investors or homeowners looking to create their dream space in this sought-after location.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +34.8% above area average per sq ft

+34.8%
This Property
£372/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£326,480
10% above area average per sq ft
Potential ROI
-27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -4.7%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on TQ3 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

Windmill Avenue, Preston, Paignton
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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
£1,442
Based on a loan of £299,962 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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