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Torquay Road, Preston, Paignton

South West

£350,000
Listed on 27/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2067 sqft

Description

This substantial semi-detached house features four bedrooms and is presented to the market chain-free, offering an excellent opportunity for buyers seeking a property with renovation potential. Located in the desirable Preston area of Paignton, the house is set back from the road with a spacious driveway that provides ample off-street parking. The property occupies a level plot close to local amenities, including supermarkets, independent shops, cafes, and the beautiful Preston beach and promenade, all within walking distance. Public transport links are conveniently nearby, facilitating access to other locations along the scenic South Devon coastline. Internally, while this home requires modernization, it boasts generous living space across its two floors. The ground level comprises four reception areas: a living room, breakfast room, formal dining room, and sunroom. This versatile layout allows for comfortable everyday living as well as entertaining. Additionally, there is a modern kitchen and separate laundry room complemented by a shower room adjacent to the sunroom. Upstairs includes four bedrooms—three spacious doubles and one single—which could serve as a child's room or office space. The primary bedroom offers added privacy with its own cloakroom and shower cubicle. A contemporary three-piece bathroom suite on this floor features essential amenities such as a bath with shower over and vanity unit. Externally, the rear garden offers low-maintenance outdoor space perfect for relaxing or family activities. With its considerable size and potential for improvement throughout, this property presents an appealing prospect for those looking to invest in their future family home.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£169/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
£625,154
10% above area average per sq ft
Potential ROI
+60.3%
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

Torquay 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
£1,282
Based on a loan of £262,500 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