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Coleman Avenue, Teignmouth, TQ14 9DU

South West

£260,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1075 sqft

Description

This three-bedroom semi-detached home is nestled in a quiet residential area on the outskirts of Teignmouth, presenting an appealing opportunity for renovation and investment. Its location is highly advantageous, with local shops, schools, and transport links just a short distance away, making it an ideal spot for family living. The property greets you with a few steps leading to the front door, inviting you into a spacious entrance hallway. The cosy lounge features a fireplace, providing a comfortable area to unwind. The kitchen and dining space are generously proportioned and benefit from natural light thanks to their dual aspect. This layout not only enhances the ambiance but also serves well for gatherings and family meals. There is also a utility room that could easily serve as a workshop or study, complete with its own WC, offering flexibility and additional storage with access to the front lawned garden. On the upper level, you will find two sizable double bedrooms alongside a third smaller bedroom, complemented by a family bathroom. The two front-facing double bedrooms provide expansive views over Teignmouth Point, creating an open feel while enhancing the property’s appeal. While the home has been well-maintained over time, there is clear potential for updates that would allow new owners to infuse their personal style. Outside, the property features a flat lawned front garden and a tiered rear garden that is predominantly decked—ideal for outdoor activities or relaxation. On-street parking adds practical convenience for residents and visitors alike. This residence represents an excellent opportunity for those seeking to invest in a home that combines comfort with potential for enhancement. The absence of onward chain simplifies the process for future buyers looking to settle in this desirable location.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£242/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£387,978
10% above area average per sq ft
Potential ROI
+41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 6.0%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on TQ14 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

Coleman Avenue, Teignmouth, TQ14 9DU
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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
£952
Based on a loan of £195,000 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