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Torquay Road, Preston, Paignton

South West

£325,000
Listed on 26/11/2025

Property Details

Bedrooms
4
Type
Semi Detached
Area
2067 sqft

Description

This spacious semi-detached four-bedroom home is a rare opportunity to acquire a property with significant renovation potential in the desirable area of Preston, Paignton. Located conveniently close to local amenities, including supermarkets, medical facilities, and the beautiful coastline, this chain-free property is perfect for those wishing to personalize their living space. Set back from the road on a generous driveway offering ample parking, it presents an inviting prospect for families or investors looking to enhance its value. The layout features four well-sized reception rooms on the ground floor, including a living room, breakfast area, formal dining room, and sunroom at the rear, providing flexibility for both family life and entertaining. A modern kitchen and laundry room add functional charm but are in need of a contemporary update. Upstairs, the accommodation boasts four bedrooms—three large doubles and one single that could serve as an office or guest room. The principal bedroom includes its own shower cubicle and cloakroom for added convenience. The existing bathroom suite offers essential amenities yet is ripe for modernization. The outdoors feature a low-maintenance private garden that complements this property's excellent off-street parking capacity. With substantial space and numerous opportunities for refurbishment, this residence has all the characteristics of a promising family home or investment project.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£157/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£629,360
10% above area average per sq ft
Potential ROI
+67.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -7.3%
5 year growth: +9.9%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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.

Price History

-7.1% since listed
£325,000£25,000(-7.1%)
29/01/2026
Current price
£350,000Initial listing
26/11/2025

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