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5 Churchward Road, Paignton, TQ3 3BA

South West

£250,000
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom property presents a promising opportunity for those looking to invest in a home with potential. The entrance vestibule introduces you to the hallway, which features ample under-stairs storage. The spacious lounge/dining room boasts double-glazed windows and a charming fireplace, creating a warm atmosphere. The kitchen is functional, equipped with modern units and plumbing for appliances, though it could benefit from some cosmetic updates. Upstairs, the generous bedrooms are complemented by fitted wardrobes and original features like picture rails, providing substantial charm that could be enhanced further. The bathroom offers basic amenities but may require modernization. A notable feature of this property is the cellar, which has dual rooms ideal for conversion into additional usable space—subject to planning permissions. Externally, the enclosed garden provides privacy and includes an outhouse utility area. This property is well-located with off-road parking available, making it an enticing prospect for refurbishment and enhancement options.

Investment Analysis

(TQ3 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

5 Churchward Road, Paignton, TQ3 3BA
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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