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Windmill Road, Paignton, TQ3

South West

£325,000
Listed on 13/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1130 sqft

Description

This two-bedroom detached bungalow offers a promising opportunity for those looking to invest in a property with substantial renovation potential. Located within a desirable residential area, the home is available with no onward chain, allowing for a straightforward acquisition. The property features attractive sea views from the rear, enhancing the living experience with a peaceful and picturesque backdrop. Internally, the accommodation presents an opportunity for modernization throughout, inviting buyers to design a home that fits their individual style and preferences. The lounge serves as a cozy retreat and connects to a sun lounge that floods the space with natural light while showcasing the stunning views. The kitchen includes various storage units but is in need of refurbishment to meet contemporary standards. Both double bedrooms overlook the serene rear garden, which benefits from ample sunlight and scenic vistas. Additional amenities include a single garage with convenient access and driveway parking. The good-sized rear garden, equipped with lawns and planted borders, provides a tranquil outdoor space perfect for relaxation or entertainment. With easy access to local amenities, transport links, and coastal attractions, this bungalow stands out as an exceptional prospect for those wishing to craft their ideal home in a coveted location.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£288/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£343,627
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Windmill Road, Paignton, TQ3
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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
£1,172
Based on a loan of £243,750 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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