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Waterleat Road, Paignton

South West

£220,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This two-bedroom semi-detached bungalow presents an exciting opportunity for renovation and investment. It features a welcoming hallway leading to a spacious lounge/diner, a functional kitchen, two double bedrooms, and a family bathroom. The property's layout allows for imaginative reconfiguration and modernization to cater to contemporary living needs. Outside, the substantial tiered rear garden offers a blank canvas ideal for landscaping or creating outdoor entertaining spaces. Additional assets include off-road parking for multiple vehicles and a garage, enhancing practicality for future improvements. Situated conveniently near local schools, supermarkets, and transport links adds to its appeal for potential buyers. This property is offered with no onward chain, providing flexibility for new owners to develop it according to their vision.

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Investment analysis

(TQ3 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -5.7% over the last 12 months
3 year growth: -7.6%
5 year growth: +8.3%
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

Waterleat Road, Paignton
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Mortgage calculator

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£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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

Next Steps

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