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Longmead Road, Paignton, TQ3 1AX

South West

£300,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom property, located in a desirable South West area, presents an excellent opportunity for renovation and investment. The entrance porch features a tiled floor and opens into a hallway with access to the loft, offering potential for additional storage or expansion. The spacious living room benefits from a large double-glazed window and an electric fireplace, while the kitchen includes built-in units and space for modern appliances, providing a great canvas to update the layout and finishes. Each of the three bedrooms boasts generous natural light and overlooks the garden, which could be enhanced with landscaping or outdoor living spaces. The shower room is functional but could be modernized for improved comfort and aesthetics. An integral garage offers practicality as well as conversion potential, while the enclosed rear garden offers a good size lawn area ripe for development into an attractive outdoor retreat. Overall, this property holds significant promise for those looking to create their ideal home or capitalize on rental opportunities.

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

Longmead Road, Paignton, TQ3 1AX
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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
£1,082
Based on a loan of £225,000 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.

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