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Coombe Road, Preston, Paignton

South West

£285,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
881 sqft

Description

This solid three-bedroom property is located in the sought-after area of Preston, known for its accessibility to local amenities and community facilities. Within a short walking distance, residents can access a variety of shops including Tesco, medical services, and dining options. Excellent public transport connects the area to surrounding towns, enhancing the convenience of this location. The proximity to Preston Beach and the seafront offers opportunities for leisure activities, while reputable primary schools nearby add to the family-friendly appeal. The property features an entrance hallway that leads into a comfortable lounge with a bay window and built-in cupboards, as well as a separate dining room that includes additional storage space. The kitchen is functional and equipped with wall and base units, providing access to the rear garden through a lean-to area. This layout presents an opportunity for modernization or reconfiguration according to personal preferences or investment goals. Upstairs, you will find three bedrooms along with a bathroom and separate W.C., offering potential for updates or improvements. Each bedroom is light-filled with PVCu double-glazed windows, ensuring energy efficiency and sound insulation. The exterior of the property includes off-road parking with resin-bound driveways leading up to a gravel garden area adorned with shrubs. The gated side access leads to an enclosed rear garden that features easy-to-maintain gravel chippings and two timber sheds for additional storage. With its prime location, existing structure, and renovation potential, this property represents an excellent investment opportunity for those looking to enhance value through renovations or rental possibilities in a desirable neighborhood. Additionally, the freehold tenure allows for flexibility in future development plans.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£323/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£266,454
10% above area average per sq ft
Potential ROI
-12.6%
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

Coombe Road, 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
£1,044
Based on a loan of £213,750 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