Queen Elizabeth Drive, Paignton, Devon, TQ3 - Image 1
Queen Elizabeth Drive, Paignton, Devon, TQ3 - Image 2
Queen Elizabeth Drive, Paignton, Devon, TQ3 - Image 3

Queen Elizabeth Drive, Paignton, Devon, TQ3

South West

£160,000

Listed on 26/07/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
942 sqft

Features

  • Garden

Description

This three-bedroom terrace property presents a significant renovation opportunity for investors and developers looking to enhance its value. With a spacious interior layout, the home is primed for modernisation, making it an attractive project for those ready to invest. On the ground floor, you'll find a sizable lounge/diner that offers versatile living space alongside a separate kitchen that has potential for redesign and expansion. The convenience of a ground-floor W.C. adds to its practicality. The first floor accommodates three generously sized bedrooms, including a principal suite with ample dimensions, as well as a family bathroom conveniently located off the landing. The property also boasts a garden area with possibilities for landscaping, enhancing its appeal further. Situated near local amenities and transport links, this location is convenient and provides access to Paignton town centre. While extensive modernisation is required throughout the property, this presents an outstanding chance to create either a stylish family residence or a lucrative rental investment. Potential buyers are encouraged to consider early viewing for this promising project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £160,000, this three-bedroom terrace is priced at about £170/sqf, well below the local average of £277/sqf—an attractive entry point for someone looking to acquire and add value. The spacious lounge/diner, separate kitchen and rear garden give the project a useful starting point, while the dated finishes, overgrown garden and visibly stained exterior offer scope for a substantial transformation. The cause of staining visible on an interior wall is unclear, and the roof and gutters cannot be fully assessed from the photos.

Key opportunities

  • The spacious lounge/diner and separate kitchen provide a practical base for reworking the ground-floor feel and finishes.
  • A full interior transformation can bring the dated kitchen, bathroom, bedroom finishes and flooring into a consistent modern style.
  • The rear garden and patio offer scope for landscaping and a more usable outdoor space.

Key risks

  • Staining on the exterior render and near a lower wall needs investigation; the roof and gutters are not fully assessable from the photos.
  • Multiple dated interior finishes, visible staining and garden debris make this a substantial multi-room programme rather than a cosmetic refresh; allow for a longer, more involved project.

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Map

Location

Queen Elizabeth Drive, Paignton, Devon, TQ3
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Transport

Nearest stations

  • Paignton Rail Station

    1.2 miles

    Train · Paignton

  • Torquay Rail Station

    2.8 miles

    Train · Torquay

  • Torre Rail Station

    3.3 miles

    Train · Torre

  • Totnes Rail Station

    4.3 miles

    Train · Totnes

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£654
Based on a loan of £120,000 over 30 years at 5.13% 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.

Tax

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Indicative tax based on the asking price and the options you select.

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