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Millmans Road, Marldon, Paignton - Image 1
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Millmans Road, Marldon, Paignton

South West

£315,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
959 sqft

Description

Nestled in the charming village of Marldon, this three-bedroom semi-detached bungalow presents a promising renovation opportunity. Positioned with convenient access to the Torbay Ring Road and close to the amenities of Totnes and Newton Abbot, it benefits from local shops, a primary school, and nearby dining options within a community-oriented setting. The property is offered for sale without onward chain, making it an appealing prospect for buyers looking to invest in refurbishment. The exterior features a front garden adorned with mature shrubs along with two driveways providing off-road parking. Upon entering, you are greeted by an entrance hallway that leads to a spacious inner hall connecting to various rooms including the lounge and bedrooms. Notably, one bedroom includes an ensuite shower room for added convenience. The living space extends to an enclosed rear garden that offers privacy alongside a patio area, perfect for outdoor relaxing or entertaining. Additionally, there is useful access from the utility/store into both front and rear areas of the property. This bungalow is awaiting modernization and allows for personal touch in layout and design, presenting ample potential for enhancement and value addition.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£328/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£291,627
10% above area average per sq ft
Potential ROI
-19.0%
After renovation
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

Millmans Road, Marldon, 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
£1,136
Based on a loan of £236,250 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.

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