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Manor Terrace, Paignton, Devon

South West

£100,000
Listed on 16/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace home presents a promising opportunity for renovation and investment. While it requires updates both inside and out, this property stands as a blank canvas awaiting your personal touch or vision to transform it into a modern living space. The layout offers potential for creating open-plan living areas, enhancing the flow of natural light, and maximizing functionality. The property’s existing structure is solid, providing a strong foundation for any updates or alterations you may wish to implement. Located in a neighborhood known for its community vibe, the area has access to local amenities, parks, and public transportation options. This enhances the property's appeal, especially for potential renters or future resale opportunities. Given the ongoing demand for housing in this region, investing in this property could yield significant returns once renovations are completed. For those looking to invest with an eye toward value addition, this home offers a unique chance to capitalize on a market with growth potential. Whether you're an experienced investor or looking to take on your first project, this property invites you to envision its future possibilities.

Investment Analysis

(TQ3 area)
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Manor Terrace, Paignton, Devon
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE