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Shorton Road, Preston, Paignton

South West

£350,000
Listed on 28/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1518 sqft

Description

This four-bedroom detached residence sits on a generous corner plot in a sought-after area of Preston, presenting an exceptional opportunity for those looking to invest in renovation. The property features spacious internal accommodations complemented by beautiful wrap-around gardens, ideal for creating outdoor living spaces. Although the home has been well-maintained over the years, it offers significant potential for modernisation and reorganisation to cater to personal tastes and contemporary living standards. The inviting porch leads into a bright lounge that benefits from dual aspects offering garden views and natural light, while the extensive kitchen and dining area serves as a blank canvas awaiting your design vision. Each bedroom is well-proportioned, with flexibility to adapt spaces according to your needs. Notably, both bathrooms present opportunities for updates that can enhance functionality and aesthetics. Outside, mature gardens provide a peaceful retreat, along with a greenhouse perfect for gardening enthusiasts. With driveway parking and a garage enhancing practicality, this property holds immense potential for transformation into a dream family home.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£231/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£461,449
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -4.7%
5 year growth: +17.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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