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Duchy Drive, Preston, Paignton

South West

£345,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1403 sqft

Description

This charming three-bedroom home presents a valuable opportunity for those looking to make it their own through renovation. The property features an inviting entrance porch that leads into a hallway adorned with parquet flooring, enhancing its classic appeal. The kitchen breakfast room is spacious and functional, offering the chance for a modern update while retaining essential elements like wall and base level units, and a breakfast bar that opens to the side garden. The double aspect living room is highlighted by patio doors to the front garden and expansive windows at the back, creating a bright ambiance perfect for transformation into a contemporary space. An archway connects to the formal dining area, which benefits from views via a Juliet balcony and has significant potential for reconfiguration. The well-designed layout includes ample storage solutions throughout, plus three generously sized bedrooms with built-in wardrobes in one room and an en-suite connected to the principal suite that could benefit from updates. The family bathroom is fully equipped but would also respond well to modernisation. Outdoors, you'll find extensive gardens both at the front and rear, presenting opportunities for landscaping and outdoor entertaining. With driveway parking and a garage already in place, this property offers further value. Located in Preston, Paignton, enjoy local amenities within reach alongside picturesque beach access – making it an ideal investment for renovation enthusiasts seeking potential in this friendly community.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£246/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
£426,645
10% above area average per sq ft
Potential ROI
+9.4%
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

Duchy Drive, Preston, 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
£1,244
Based on a loan of £258,750 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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