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Marldon, Paignton

South West

£1,400,000
Listed on 03/04/2026

Property Details

Bedrooms
6
Type
Detached
Area
3087 sqft

Description

This detached Georgian residence, located in the desirable Westerland area of Marldon, presents a rare opportunity for investment and renovation. Set amidst extensive gardens and featuring a separate annexe, the property is conveniently close to local amenities and the scenic South Devon countryside. The surrounding community, known for its character and history, offers access to charming village shops, pubs, and a well-regarded primary school. The house itself is a notable Georgian structure with origins dating back to the 17th century, showcasing significant architectural features such as high ceilings and period detailing. While it currently requires substantial refreshment and repairs, this creates an excellent canvas for prospective buyers to restore this historic home to its former glory or modernize it according to their taste. The main building comprises spacious reception rooms adorned with traditional elements like parquet flooring and stone fireplaces. The kitchen, equipped with modern storage solutions and an Aga cooker, connects seamlessly to the breakfast room for casual dining. The first floor accommodates six generously sized bedrooms along with two bathrooms. Additionally, there’s potential for further development within the attic space. The detached annexe provides versatile living options with its own kitchen area and bathroom—ideal for guests or rental income. Outside, the grounds extend over 2.35 acres featuring lawns, mature trees, and pathways leading to a peaceful pond and an aging swimming pool that could be revitalized into an attractive leisure amenity. With private drainage along with mains services available, this property offers both practical living alongside considerable renovation potential in a highly sought-after location.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +63.8% above area average per sq ft

+63.8%
This Property
£454/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£939,930
10% above area average per sq ft
Potential ROI
-43.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -7.3%
5 year growth: +9.9%
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

Marldon, Paignton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,959
Based on a loan of £1,050,000 over 30 years at 3.91% 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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