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Penwill Way, Paignton

South West

£325,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1305 sqft

Description

This semi-detached property offers a unique opportunity for renovation in a desirable residential location with panoramic sea views over Goodrington and Clennon Valley. The structure boasts three levels of living space, providing a versatile layout ideal for future expansion, pending planning permissions. The entrance leads to a hallway that branches into a bedroom and access to the integral garage, offering potential for conversion into additional living accommodation. On the main floor, discover a spacious L-shaped lounge/dining room featuring large windows that frame stunning sea vistas and lead out to a south-facing balcony—a perfect spot for outdoor seating with great views. A kitchen adjoins the dining area and has fitted units, though updating may be needed to enhance functionality. The lower ground floor houses two additional double bedrooms, including a main bedroom with an ensuite and private access to the garden. While the family bathroom is generously sized, it could benefit from modernising as well. The property's tiered rear garden is an attractive feature with multiple levels and established fruit trees, yet it presents an ideal canvas for landscaping improvements. With off-road parking for two vehicles and an integrated garage, this property represents significant potential both as a family home or investment with its proximity to schools and local amenities. Renovation enthusiasts will find plenty to work with here while enjoying the dramatic surrounding views.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£249/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£432,588
10% above area average per sq ft
Potential ROI
+6.8%
After renovation
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
9%
Properties sold annually

Local Market Trend (TQ4)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -8.7%
5 year growth: 20.3%
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

Penwill Way, Paignton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE