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St. Marys Park, Paignton

South West

£219,950
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
506 sqft

Description

This two-bedroom semi-detached bungalow is located in the well-regarded area of Collaton St. Mary, known for its community atmosphere and convenient amenities. The property is situated on a generous plot, featuring a driveway and expansive rear gardens that provide ample outdoor space, inviting potential for landscaping or gardening enthusiasts. Internally, the bungalow has retained some original features while also offering modern updates like gas central heating and uPVC double glazing. However, it presents an opportunity for renovation to fully realize its potential. The entrance porch leads into a kitchen equipped with fitted wall and base units along with a walk-in pantry, creating a functional space that could benefit from contemporary touches. The lounge/diner is highlighted by a feature fireplace with an inset coal effect fire and large bay windows that frame picturesque countryside views. Both bedrooms are well-sized; the master bedroom offers direct views of the countryside, while the second bedroom overlooks the garden. The shower room is designed as a wet room with an electric shower, vanity basin, and low-level WC—ready for modernization but fully functional as is. Outside, the property boasts a lawned front garden and an extensive rear garden that includes both patio areas and mature borders. A newly installed garden shed provides additional storage options, while a side access point enhances practicality. Significant recent upgrades include a new Worcester Bosch boiler installed in August 2024. Given its location in a desirable area, this bungalow not only serves as an ideal residence but also represents strong renovation potential for investors or homebuyers looking to add value through improvements and personalization. This property offers both livability in its current state and opportunities for enhancement to meet modern preferences.

Investment Analysis

(TQ4 area)

Above Market Value

This property is priced +44.2% above area average per sq ft

+44.2%
This Property
£435/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£167,731
10% above area average per sq ft
Potential ROI
-31.5%
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. Marys Park, 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
£806
Based on a loan of £164,962 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