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Penwill Way, Paignton

South West

£325,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Semi Detached
Area
1305 sqft

Description

Nestled within a sought-after residential area, this semi-detached property is positioned to take advantage of stunning open sea views across Goodrington and Clennon Valley. The location boasts convenient access to various supermarkets, and both primary and secondary schools are nearby, along with public transport links. Offering a spacious layout over three floors, the home includes an entrance hallway leading to a fourth bedroom and an integral garage that presents potential for extension with the appropriate planning permissions. The ground floor features another double bedroom alongside a generously proportioned L-shaped lounge/dining area with a south-facing balcony that overlooks the captivating sea vistas. The adjoining kitchen also enjoys these scenic views and is fitted with essential units. On the lower ground floor, two additional double bedrooms can be found, including a main bedroom complete with an ensuite shower room and direct access to the garden. This floor also houses a sizeable family bathroom. Externally, the property has an inviting front garden and driveway that accommodates parking for up to two vehicles while leading into the garage. At the rear, you will discover a multi-tiered garden equipped with various levels designed to maximize those beautiful sea views. Current landscaping features include a level patio area, timber decking for relaxation or entertainment, plus mature fruit trees nestled among shrubs. This property holds significant renovation potential throughout its interior and outdoor spaces, making it an attractive investment opportunity in today's market.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£249/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£429,573
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ4)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -7.6%
5 year growth: +14.5%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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.

Price History

-7.1% since listed
£325,000£25,000(-7.1%)
05/04/2025
Current price
£350,000Initial listing
15/05/2024

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