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Dolphin Crescent Preston Paignton

South West

£399,950
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1496 sqft

Description

Nestled in the highly desirable area of Higher Preston, this detached split-level bungalow offers an exceptional opportunity for renovation and investment. With its stunning 180-degree views of the sea and surrounding landscape, this two-bedroom property not only boasts a picturesque outlook but also a unique potential for transformation. The property is set back from the road, providing a sense of privacy with an attractive front garden and a private driveway that leads to an integral garage. The elevated positioning enhances its kerb appeal and allows for excellent natural light throughout the home. Inside, generous living spaces create a welcoming atmosphere, with the spacious lounge featuring direct access to a private balcony — an ideal spot for enjoying those breathtaking views. The kitchen is well-appointed, allowing for easy meal preparation while soaking in the panoramic vistas. A functional lobby connects to the garden, adding convenience to everyday living. The two double bedrooms are sizable, one of which is equipped with fitted furniture, accompanied by a family bathroom that includes a separate shower enclosure. A standout feature of this property is the extensive under-house area, which includes a utility space and holds significant potential for expansion or conversion (subject to necessary permissions). Additionally, there’s a workshop beneath the garage equipped with power and lighting—perfect for hobbies or additional storage. The outdoor space is another highlight; tiered gardens offer ample room for entertaining or relaxation against the stunning backdrop of sea views. This versatile layout provides plenty of scope for personalisation or enhancement. Located within close proximity to local amenities and well-connected via public transport to Paignton town centre—home to its scenic seafront and charming harbour—this property also offers easy access to major road networks leading to Exeter and beyond. With no onward chain, this bungalow presents an exciting canvas for those looking to invest in a property that combines breathtaking scenery with considerable renovation potential. Early viewings are encouraged to fully appreciate both its current charm and future possibilities in this coveted coastal locale.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£267/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£452,458
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: 21.9%
Investment Disclaimer: Analysis based on TQ3 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

Dolphin Crescent Preston 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
£1,465
Based on a loan of £299,962 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