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Eden Grove, Paignton, Devon

South West

£185,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
803 sqft

Description

This detached bungalow presents a unique opportunity for renovation enthusiasts or investors looking to capitalize on its potential. Situated in a desirable coastal location, the property boasts picturesque sea views from the front and is well-positioned for those wanting to enhance their living space. Inside, the layout features a welcoming entrance hallway that leads into a generous bay-fronted sitting/dining room, where natural light floods in and offers beautiful views of the sea. The home includes two adequately sized bedrooms and a family bathroom. The fitted kitchen connects seamlessly to a utility area, providing additional practical space and direct access to the garage. Outside, the enclosed rear garden requires attention but holds great promise for landscaping or creating an outdoor retreat. A driveway adds further convenience, allowing for off-street parking. Located approximately 1.5 miles from Paignton town center, residents will enjoy easy access to various shops, amenities, and local facilities. Proximity to the ring road also facilitates straightforward travel to neighboring areas like Torquay and Newton Abbot. With its blend of renovation potential and sought-after location, this property warrants consideration for those looking to create a personalized coastal retreat or an investment opportunity. An internal viewing is strongly recommended to appreciate all that this property has to offer.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -16.2% below area average per sq ft

-16.2%
Potential saving
This Property
£230/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£242,863
10% above area average per sq ft
Potential ROI
+7.9%
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

Eden Grove, Paignton, Devon
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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
£678
Based on a loan of £138,750 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