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Penwill Way, Paignton

South West

£260,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
780 sqft

Description

This semi-detached property, located in a desirable residential area with picturesque views over Clennon Valley, presents a significant opportunity for renovation and enhancement. The home is conveniently placed near essential amenities including supermarkets, educational institutions, and public transport links. Popular local attractions such as Goodrington Beach and the Torbay Leisure Centre are within walking distance, adding to the appeal of the location. The layout features three bedrooms and a family bathroom on the ground floor, while the first floor serves as the heart of the home with a spacious dual-aspect lounge/diner that boasts stunning valley views. The kitchen also occupies this level but is in need of modernisation. Set on a generous corner plot, this property benefits from two driveways leading to a detached garage, providing ample parking options. Outside space includes tiered planting borders and various garden areas that could be transformed into delightful outdoor living spaces with some creative landscaping. Additionally, an enclosed sun patio offers a potential outdoor retreat. With its solid structure and functional layout, this property is primed for improvements that could significantly increase its value. An internal viewing is strongly advised to fully appreciate its potential on offer.

Investment Analysis

(TQ4 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£333/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£256,585
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TQ4)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -7.1%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on TQ4 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

Penwill Way, 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
£938
Based on a loan of £195,000 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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