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North Rocks Road, Paignton, TQ4

South West

£350,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1207 sqft

Description

This two-bedroom detached house presents a compelling opportunity for those interested in renovation and investment. Located near Broadsands Beach, the property is set in a desirable area that enhances its appeal for future buyers or renters. Although it requires modernization throughout, this offers a unique chance to customize the space according to personal tastes and preferences. The interior features a fitted kitchen along with a spacious living and dining room that provides access to the side garden. A convenient bar area adds an element of versatility, while the downstairs shower room/WC enhances functionality for everyday living. The property also includes rear access to a garage, ensuring ample storage options and convenience. Surrounding the home, the outdoor space is noteworthy with an enclosed garden that wraps around both the front and side of the property. This area is primarily laid to lawn and showcases mature plants, shrubs, and flower borders, creating an inviting atmosphere. Additionally, there is a raised terrace that offers scenic views towards the sea—a perfect spot for relaxation or outdoor gatherings. The garage also comes with off-road parking for one vehicle, adding practicality to this seaside residence. With local shops and bus stops within walking distance, this property's location offers both ease of access to amenities and potential for appreciation in value as you enhance its features. For those looking to create their own vision in a sought-after locale, this home provides a blank canvas brimming with possibilities just moments from the beach.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£290/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£400,102
10% above area average per sq ft
Potential ROI
+2.6%
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

North Rocks Road, Paignton, TQ4
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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
£1,282
Based on a loan of £262,500 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