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Blue Waters Drive Broadsands Paignton

South West

£749,950
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1873 sqft

Description

Situated in the picturesque Broadsands area, just outside Paignton, this detached chalet-style bungalow presents a unique opportunity for renovation and investment. With three spacious bedrooms, each with potential for modern updates, this property offers a blank canvas for those looking to enhance its charm while capitalizing on its enviable coastal location. One of the standout features of the home is the master bedroom, which includes a private terrace offering stunning 180-degree sea and coastal views. The second bedroom, located on the first floor, boasts an ensuite and also captures impressive vistas of the shoreline. The third bedroom is generously proportioned and can easily accommodate various configurations. The kitchen serves as a welcoming breakfast room, providing a delightful view that makes morning routines more enjoyable. The family room features expansive windows that frame the garden and sea beyond, allowing ample natural light to fill the space. It also includes access to a terrace—a perfect spot for outdoor entertaining or relaxation amidst scenic surroundings. Outdoor amenities include substantial storage options with sheds and underhouse storage, alongside convenient driveway parking and an attached garage. The sizable garden leads to private access onto the headland and coastal footpath. This location not only offers direct access to nature but is also near the famed Paignton to Kingswear steam railway line. Broadsands itself is known for its tranquil environment and friendly community atmosphere. Residents benefit from nearby beaches, excellent amenities within a short drive, and solid transport links via the A380 to major routes like the M5 motorway. Whether considering it as a primary residence or an investment property with renovation potential in a desirable neighborhood, this bungalow represents an opportunity not to be overlooked.

Investment Analysis

(TQ4 area)

Above Market Value

This property is priced +32.9% above area average per sq ft

+32.9%
This Property
£400/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£620,871
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blue Waters Drive Broadsands 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
£2,747
Based on a loan of £562,462 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