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Tower Road, Paignton

South West

£179,950
Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This Victorian period home, tucked away in a central yet quiet road, presents an appealing opportunity for renovation and investment. The spacious layout spans two floors and features original character details, such as decorative tiled flooring in the hallway and traditional fireplaces. While the home is already equipped with gas central heating and mostly UPVC double glazed windows, it requires modernisation to fully realise its potential. The ground floor comprises a welcoming entrance porch leading to a hallway, a sitting room adorned with a bay window, a dining room that offers access to the kitchen/breakfast area, and a bathroom/WC. Upstairs, you will find two double bedrooms and an additional shower room/WC. Outside, there is a manageable rear garden with utility storage space. This property is ideally located within walking distance of local shops and amenities in Paignton town centre, making it an attractive prospect for buyers looking to invest in a character home that can be tailored to modern living standards.

Investment Analysis

(TQ3 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.7%

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
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.6%
5 year growth: +13.9%
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

Tower Road, Paignton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £134,962 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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