Worst House on the Street Logo
Morin Road, Preston, Paignton - Image 1
Morin Road, Preston, Paignton - Image 2
Morin Road, Preston, Paignton - Image 3
Morin Road, Preston, Paignton - Image 4
Morin Road, Preston, Paignton - Image 5
Morin Road, Preston, Paignton - Image 6
Morin Road, Preston, Paignton - Image 7
Morin Road, Preston, Paignton - Image 8
Morin Road, Preston, Paignton - Image 9
Morin Road, Preston, Paignton - Image 10
Morin Road, Preston, Paignton - Image 11
Morin Road, Preston, Paignton - Image 12
Morin Road, Preston, Paignton - Image 13
Morin Road, Preston, Paignton - Image 14
Morin Road, Preston, Paignton - Image 15
Morin Road, Preston, Paignton - Image 16
Morin Road, Preston, Paignton - Image 17
Morin Road, Preston, Paignton - Image 18
Morin Road, Preston, Paignton - Image 19
Morin Road, Preston, Paignton - Image 20
Morin Road, Preston, Paignton - Image 21
Morin Road, Preston, Paignton - Image 22
Morin Road, Preston, Paignton - Image 23
Morin Road, Preston, Paignton - Image 24
Morin Road, Preston, Paignton - Image 25
Morin Road, Preston, Paignton - Image 26
Morin Road, Preston, Paignton - Image 27

Morin Road, Preston, Paignton

South West

£345,000
Listed on 15/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1695 sqft

Description

This detached family residence, located just a short walk from Preston beach and seafront, presents a promising investment opportunity. With easy access to local shops, amenities, and public transport links to nearby towns like Paignton and Torquay, the property is strategically positioned for both convenience and lifestyle. Having been in the same ownership for over three decades, it now requires modernization and refurbishment to unlock its full potential. The generous layout includes an entrance porch leading into a spacious hallway featuring wooden flooring and a convenient downstairs cloakroom. At the back, the lounge boasts patio doors opening to the rear garden, complemented by arched feature windows and an open fireplace. The separate dining room offers additional space for entertaining, while the kitchen provides essential functionality with access to the garden. On the upper floors, there are four bedrooms, including a principal suite with a balcony offering views of the area. The second floor features two loft rooms that could serve various purposes from additional storage to creative spaces. Outside, off-road parking accommodates three vehicles alongside a garage. The rear garden is currently uncultivated yet level, providing ample scope for landscaping and personal customization. This property not only offers a solid foundation for a family home but also possesses significant renovation potential in an enviable location.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£204/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£516,094
10% above area average per sq ft
Potential ROI
+30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -7.3%
5 year growth: +9.9%
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

Morin Road, Preston, Paignton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,222
Based on a loan of £258,750 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.

Stamp Duty Calculator

Price History

-18.8% since listed
£345,000£25,000(-6.8%)
31/12/2025
Current price
£370,000£30,000(-7.5%)
10/04/2025
£400,000£25,000(-5.9%)
01/12/2024
£425,000Initial listing
03/07/2024

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.