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Green Park Road, Paignton, Devon, TQ3 - Image 1
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Green Park Road, Paignton, Devon, TQ3

South West

£325,000
Listed on 17/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1152 sqft

Description

This semi-detached home offers a unique opportunity for renovation and investment, highlighting its versatility and spacious layout across two levels. The property features three generously sized bedrooms located on the lower ground floor along with a bathroom, providing significant living space that can be tailored to suit modern lifestyles. The main level includes a lounge, where expansive sea views can be enjoyed, alongside a separate dining room that could serve as an additional bedroom if needed. A functional kitchen is also present, contributing to the overall practicality of the home. There's convenient access from the hallway to an attached garage, adding further value for storage or potential conversions. Set on a notably wider plot than many similar homes in the area, this property includes two driveways that ensure ample parking—an essential feature in this desirable locality. The potential for extensions exists, subject to planning permissions, which could enhance both living space and future resale value. The outdoor area comprises good-sized rear gardens that back onto a woodland setting, offering privacy and natural beauty. Additionally, there's a useful under-house storage area and workshop equipped with power and lighting—a great advantage for hobbyists or those in need of extra workspace. Located in Green Park Road in Paignton, this property benefits from its peaceful residential surroundings while being conveniently close to local amenities. Proximity to the coastline allows for easy beach access and scenic views that many desire. The area is well-connected by nearby bypasses and motorway networks, making it ideal for commuters while fostering a family-friendly atmosphere with nearby parks, schools, and shops. This combination of factors makes the property an attractive investment opportunity in a sought-after location.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +2.6% above area average per sq ft

+2.6%
This Property
£282/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£348,417
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: 21.9%
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

Green Park Road, Paignton, Devon, TQ3
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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