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Pimm Road, Paignton, Devon, TQ3

South West

£190,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
846 sqft

Description

This spacious three-bedroom property on Pimm Road offers a versatile layout spread across two levels, making it an ideal investment opportunity or project for buyers who appreciate potential. The home is presented in a clean and neutral state, allowing for immediate occupancy while also serving as a blank canvas for future enhancements. The ground floor welcomes you with a porch and entrance hall that lead into an expansive 23ft lounge/dining area, perfect for family gatherings and entertaining guests. At the back, the practical kitchen overlooks the garden, complemented by a convenient ground-floor W.C. Upstairs features three generously sized bedrooms along with a modern family bathroom, providing flexible living arrangements suitable for families or home offices. Outside, the front of the property offers driveway parking, while the rear garden presents an excellent opportunity for personalization. Currently designed for ease of maintenance, this space can be transformed into your ideal outdoor retreat—be it through landscaping or creating outdoor living areas. With its solid structure and ample space in a desirable location, this property represents a promising opportunity to create value through renovation or updates. Viewing is encouraged to fully appreciate its potential.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£225/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£257,171
10% above area average per sq ft
Potential ROI
+16.9%
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

Pimm Road, Paignton, Devon, TQ3
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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
£685
Based on a loan of £142,500 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.

Next Steps

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