Worst House on the Street Logo
Old Torquay Road, Preston, Paignton - Image 1
Old Torquay Road, Preston, Paignton - Image 2
Old Torquay Road, Preston, Paignton - Image 3
Old Torquay Road, Preston, Paignton - Image 4
Old Torquay Road, Preston, Paignton - Image 5
Old Torquay Road, Preston, Paignton - Image 6
Old Torquay Road, Preston, Paignton - Image 7
Old Torquay Road, Preston, Paignton - Image 8
Old Torquay Road, Preston, Paignton - Image 9
Old Torquay Road, Preston, Paignton - Image 10
Old Torquay Road, Preston, Paignton - Image 11

Old Torquay Road, Preston, Paignton

South West

£295,000
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled in a well-connected location within the sought-after area of Preston, this semi-detached property presents a valuable opportunity for renovation and investment. The home is conveniently close to local amenities, including shops, a doctor's surgery, and main bus routes—ideal for easy access to nearby towns and services. Just a short stroll away, you can enjoy the scenic Preston beach and seafront, along with reputable primary schools in the vicinity. While this deceptively spacious home offers a solid foundation, it requires modernisation throughout to unlock its full potential. It features off-road parking at the front and an entrance porch leading into an expansive hallway that branches out to a lounge with a charming bay window, a dining room currently used as an additional bedroom, and a breakfast room that connects to the kitchen. The property also includes practical spaces such as a rear lobby/utility area that provides access to the generous rear garden—a blank canvas that boasts various concrete areas and a vegetable patch, perfect for outdoor enthusiasts or families. Upstairs reveals three double bedrooms plus a study, alongside a bathroom and separate W.C., offering ample room for reconfiguration according to your needs. The extensive garden is enclosed and features storage outhouses for tools or workspace. This property stands as an exceptional prospect for those looking to invest in renovations within a vibrant community setting.

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

Old Torquay Road, Preston, Paignton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 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

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates