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Shorton Road, Preston, Paignton

South West

£325,000
Listed on 28/01/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1518 sqft

Description

This four-bedroom detached property presents an excellent opportunity for those seeking a spacious family home with substantial renovation potential. Set on a generous corner plot in the desirable area of Preston, the house features mature gardens that offer both privacy and ample outdoor space. While the interior has been well maintained, it is clear that updates are necessary to bring it up to modern standards. The layout includes a welcoming porch, a double-aspect lounge with plenty of natural light, and a sizeable kitchen/dining area that allows for creative redesign. Each bedroom offers flexibility in use, making this home suitable for families or remote workers. Importantly, there's scope to reconfigure the existing spaces to better fit individual needs or preferences. The property also includes driveway parking and a garage, enhancing its practicality for everyday living. With garden areas rich in potential for gardening enthusiasts or those simply wanting room to enjoy the outdoors, this home stands as a blank canvas ready for personalization and improvement.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£214/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£462,201
10% above area average per sq ft
Potential ROI
+30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shorton 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.

Stamp Duty Calculator

Price History

-7.1% since listed
£325,000£15,000(-4.4%)
19/04/2026
Current price
£340,000£10,000(-2.9%)
21/03/2026
£350,000Initial listing
29/12/2025

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