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Headland Park Road, Paignton, Devon, TQ3

South West

£495,000
Listed on 07/10/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
1862 sqft

Description

Nestled in the sought-after area of Preston, a lively seaside suburb of Paignton, this Victorian semi-detached home presents an excellent renovation opportunity. The property boasts original architectural features and spacious interiors, ready for transformation into a modern family residence. Planning consent has been secured for a generous wrap-around kitchen/diner extension and a loft conversion, allowing for an expansive reconfiguration of the living spaces. The ground floor currently comprises two bay-fronted reception rooms that can serve as versatile spaces, alongside a dining room and kitchen leading to a garden room. An inviting entrance hall with wide corridors enhances the flow throughout the home. Upstairs lies three double bedrooms along with additional single bedroom or study options, ensuring ample accommodation. The attic space promises potential for a luxurious master suite complete with en-suite and dressing facilities—an addition that would significantly increase the property's value upon completion. With immediate possession available and the property cleared internally, it’s primed for renovation. Complementing this substantial home is a generous rear garden with south-facing aspects and parking capacity for two cars at the front. This property offers not only a chance to create your ideal living space but also to invest in a desirable coastal locale close to amenities, transport links, and schools.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£266/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£563,153
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Headland 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
£1,813
Based on a loan of £371,250 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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