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Redwell Road, Paignton

South West

£285,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1292 sqft

Description

This three-bedroom semi-detached property sits on an expansive corner plot, presenting an excellent opportunity for families looking to invest in a home with ample space and future potential. The residence is in decent condition and comprises a welcoming living room that benefits from abundant natural light, alongside a contemporary kitchen and dining area designed for modern family gatherings. A practical utility room and shower room complete the ground floor layout. Upstairs, you'll find three generously sized bedrooms along with a contemporary family bathroom. The exterior offers driveway parking for multiple vehicles, two garages providing additional storage or workshop options, and a spacious low-maintenance rear garden featuring various outdoor zones suitable for entertainment or relaxation. Notably, the unused land to the side of the property opens up exciting possibilities for expansion or further development, pending necessary planning approvals. Conveniently located near local amenities such as shops and schools, this property's proximity to Paignton’s beaches enhances its appeal, making it an ideal candidate for renovation enthusiasts looking to create their dream family home.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£221/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
£390,759
10% above area average per sq ft
Potential ROI
+20.2%
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

Redwell Road, 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
£1,044
Based on a loan of £213,750 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