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Hayes Gardens, St. Michaels, Paignton

South West

£200,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
962 sqft

Description

This mid-terrace family home is strategically located within a tranquil cul-de-sac in central Paignton, offering easy access to essential amenities such as schools, bus routes, and a nearby Morrisons supermarket. The property provides spacious living areas and boasts a large rear garden that presents stunning sea views across the bay, making it an excellent candidate for renovation and enhancement to unlock its full potential. The ground floor features a welcoming entrance hallway leading to a bright lounge with a PVCu double glazed bay window and an open fireplace, adding character. The kitchen/dining room is generously sized, equipped with wall and base units, a Belfast sink, and ample space for modern appliances. It flows into the conservatory, which can serve as an additional reception area with direct access to the garden. Upstairs, the property includes three well-sized bedrooms, including two double rooms with notable features such as ornate fireplaces and garden views. The family bathroom is equipped with essential fixtures but could benefit from modernization. Noteworthy is the potential for off-road parking at the front of the property, depending on planning permissions—similar modifications seen in neighbouring homes. The expansive tiered rear garden consists of various seating areas and mature plantings that could be further developed into an outdoor oasis or entertaining space. This home offers great investment opportunities for buyers looking to create their dream residence or enhance its value through thoughtful renovations.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -30.4% below area average per sq ft

-30.4%
Potential saving
This Property
£208/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,190
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TQ4)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -6.8%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on TQ4 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

Hayes Gardens, St. Michaels, 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
£714
Based on a loan of £150,000 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.

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