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Underidge Drive, Paignton

South West

£190,000
Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
810 sqft

Description

This two-bedroom semi-detached home in Paignton presents a prime opportunity for renovation and investment. Nestled within a desirable residential area, the property combines generous living spaces with potential for enhancement, making it an ideal choice for first-time buyers, investors, or those looking to downsize. While it is currently functional, the home would greatly benefit from cosmetic updates and personal touches to unlock its full potential. Upon entering, you're greeted by a central hallway that connects to an inviting double-aspect lounge and diner. This bright space boasts a recently fitted log burner, adding character while providing warmth during colder months. The rear of the lounge offers lovely views of the garden, which is ready for creativity and landscaping. The kitchen holds further promise for modernisation; though operational for now, buyers can upgrade it to suit their tastes over time. Upstairs includes two well-proportioned bedrooms, each providing ample space for furnishings and versatile usage—perfectly adaptable as guest rooms or home offices. Outside, the south-facing garden is a blank canvas awaiting transformation into a vibrant outdoor retreat or entertaining space. The location is enhanced by proximity to local schools and amenities, ensuring convenience alongside the tranquil setting. Overall, this property is an exciting blank slate that allows you to invest in your vision while enjoying life in sunny Paignton.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£235/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£247,609
10% above area average per sq ft
Potential ROI
+15.2%
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 -7.7% over the last 12 months
3 year growth: -7.7%
5 year growth: +7.7%
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

Underidge Drive, Paignton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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