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Kingsway, Teignmouth, Devon, TQ14

South West

£110,000
Listed on 17/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
845 sqft

Description

This three-bedroom ground-floor maisonette presents a unique opportunity for renovation and investment in the coastal town of Teignmouth. Boasting views over the picturesque River Teign estuary, the property is currently in need of modernization, making it an ideal blank canvas for those looking to personalize their living space. The layout includes a generous sitting room where residents can enjoy the scenic river views, a spacious kitchen that can be reimagined, three bedrooms, and a bathroom. With thoughtful updates and renovations, this maisonette has excellent potential to be transformed into a modern family home or an attractive holiday rental, capitalizing on the area's appeal. Teignmouth itself is known for its vibrant community atmosphere and stunning natural surroundings. The town features beautiful beaches, numerous scenic walking paths, and a variety of local amenities that enhance daily living. Additionally, its well-connected train station facilitates quick access to Exeter, while Dartmoor National Park is just a short drive away, offering opportunities for outdoor activities. Given its prime location and potential for improvement, this property represents a significant investment opportunity for those willing to put in the effort to modernize and elevate its appeal in the housing market.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -60.3% below area average per sq ft

-60.3%
Potential saving
This Property
£130/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£304,969
10% above area average per sq ft
Potential ROI
+96.8%
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

Kingsway, Teignmouth, Devon, TQ14
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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
£403
Based on a loan of £82,500 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