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Overclose, Paignton

South West

£126,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house presents an exciting opportunity for renovation enthusiasts. Located in a desirable residential area, the property is offered with no onward chain, making it an ideal choice for buyers ready to embark on a significant refurbishment project. The home features a generous layout, including three double bedrooms and a loft room, which could be transformed into additional living space or a home office. Upon entering, you are greeted by an entrance porch leading into a spacious hallway with access to the principal living areas and stairs to the first floor. The lounge, positioned to the right, offers ample potential for a comfortable family space, flowing seamlessly into the dining room. Both rooms require renovation but provide a blank canvas for modernisation. The kitchen, which also needs complete refurbishment, leads into a sunroom that can be designed to enhance the living experience with views of the garden. Additionally, there is a utility area and cloakroom that would benefit from updating. Upstairs, the three double bedrooms offer generous accommodation, each requiring attention but presenting great potential for creating inviting personal spaces. The family bathroom is in need of modernisation, allowing for the installation of a new suite tailored to the future owners' preferences. Externally, the property boasts a rear garden that can be landscaped into an attractive outdoor space for relaxation and entertainment. With its total renovation requirement, this property is not suited for those seeking a move-in-ready home, but rather for those looking to create a unique residence tailored to their taste and requirements. This is a property worth considering for anyone looking to invest in a substantial project.

WHOTS analysis

Our WHOTS verdict

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

56out of 100
Grade DWeak opportunity

Confidence: LOW

This three-bedroom semi-detached home presents a compelling renovation opportunity, especially given its attractive asking price of £126,000, significantly below the local average of £291,834. While the property requires total renovation throughout, it boasts a generous layout with potential for a modern transformation. The living spaces, including a lounge and dining room, can be reimagined into comfortable family areas, while the kitchen offers an exciting chance to create a contemporary cooking space tailored to your preferences. With a loft room and three double bedrooms, the home's size and configuration provide ample scope for improvement.

However, this is a heavy renovation project, and potential buyers should be prepared for stripped interiors and a renovation budget of £100,000–£200,000. Additionally, there are mentions of potential structural issues that could require careful assessment. The garden is currently overgrown, but it offers a blank canvas for landscaping that could enhance the property's overall appeal. Overall, this listing is an intriguing prospect for those looking to invest time and resources into crafting a personalized home.

Key opportunities

  • Generous layout allowing for a comprehensive redesign of living spaces.
  • Potential for landscaping the overgrown garden to create an inviting outdoor area.
  • Opportunity to modernize and customize the kitchen and bathroom to personal specifications.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.

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Location

Overclose, Paignton
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Finance

Mortgage calculator

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

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£476
Based on a loan of £94,500 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.

Tax

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

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