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St. Andrews Road, Paignton, TQ4 6HA

South West

£600,000
Listed on 28/12/2025

Property Details

Bedrooms
10
Type
Detached house
Area
3575 sqft

Description

This spacious 10-bedroom detached property, previously operating as a hotel, presents a significant opportunity for renovation and investment in the sought-after Roundham area. Just a short distance from the beach and local amenities, this versatile residence could be transformed into an expansive family home, boutique guesthouse, or holiday rental. The layout spans three floors and includes five well-proportioned reception rooms on the ground level, featuring a formal living area, snug, study, expansive dining room for gatherings, and a bright conservatory leading to the garden. A convenient ground floor bedroom and bathroom enhance its appeal for multi-generational living. The upper floors host the remaining bedrooms, many with en-suite facilities for added privacy. Outside, mature gardens surround the property alongside a detached garage and ample parking space for at least 10 vehicles — an exceptional advantage in such a desirable location. While modernisation is required throughout to realise its full potential, this property offers an excellent blank slate for future homeowners or investors to infuse their style and vision into this coastal gem.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£168/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,185,059
10% above area average per sq ft
Potential ROI
+39.4%
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

St. Andrews Road, Paignton, TQ4 6HA
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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
£2,198
Based on a loan of £450,000 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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