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Sandringham Drive, Preston, Paignton - Image 1
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Sandringham Drive, Preston, Paignton

South West

£399,950
Listed on 14/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1055 sqft

Description

This generously proportioned three-bedroom detached bungalow offers significant renovation potential in a sought-after location, close to scenic woodland paths. Originally designed as a larger than average home, it features a spacious kitchen/breakfast room and an expansive lounge/diner that could greatly benefit from modern updates. Each of the three double bedrooms provides ample space for improvements or reconfiguration, while the wrap-around gardens present opportunities for landscaping and outdoor enhancements. The property also includes a double driveway leading to an oversized garage with utility room and cloakroom at the rear, further adding to its appeal for future investment. The property is being offered chain-free, making it an excellent choice for those looking to put their personal touch on a well-located residence.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +38.8% above area average per sq ft

+38.8%
This Property
£379/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£316,875
10% above area average per sq ft
Potential ROI
-29.6%
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
18%
Properties sold annually

Local Market Trend (TQ3)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.5%
5 year growth: 19.4%
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

Sandringham Drive, Preston, 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
£1,465
Based on a loan of £299,962 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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