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Diptford Close, Paignton

South West

£220,000
Listed on 12/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
975 sqft

Description

This two-bedroom bungalow presents a promising canvas for those eager to infuse their personal style. The property consists of two spacious double bedrooms and a bright living area, alongside a sizable dining room that can be reimagined for modern living. While the home requires some updating, it offers substantial potential to enhance both comfort and aesthetic appeal. The rear garden is fully enclosed, providing an ideal setting for landscaping or creating an outdoor retreat. Additionally, off-road parking and a single garage offer versatility for storage or workshop opportunities. Located conveniently near local amenities and transport links, this bungalow is well-positioned for anyone looking to invest in a transformative project in a desirable South West location.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£226/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£323,198
10% above area average per sq ft
Potential ROI
+29.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Diptford Close, 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 £165,000 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