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Longmead Road, Paignton

South West

£290,000

Listed on 19/09/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow
Area
921 sqft

Description

This three-bedroom detached bungalow is a cherished home, ready for its next chapter. Offering generous living space and a private rear garden, this property presents an exciting opportunity for those looking to create their ideal home. Located in the desirable area of Upper Preston, it benefits from proximity to local amenities and excellent transport links. The driveway provides convenient parking and an appealing approach to the property. Inside, the entrance porch leads to a hallway that connects to the main living areas. The bright lounge and dining room features views of the rear garden, making it a welcoming space for relaxation and entertaining. The kitchen, while in need of modernisation, offers a practical layout with direct access to the garden, perfect for outdoor dining or enjoying morning coffee. The bungalow comprises three well-sized bedrooms, providing flexibility for families or home office needs. The main bedroom offers ample space for furniture and a peaceful outlook. The second bedroom is also generous, while the third bedroom currently serves as an office but can easily accommodate a double bed. The shower room meets everyday needs and presents an opportunity for personalisation. The rear garden is a standout feature, offering privacy and a mix of lawn and patio areas, ready for someone to restore it to its former glory. This property is offered with no onward chain, making it an appealing choice for buyers looking to move quickly.

WHOTS analysis

Our WHOTS verdict

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

36out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom detached bungalow in Upper Preston offers generous living space and a desirable location, though it presents a considerable renovation project. The overall condition is dated, with signs of wear throughout, from the living room to the bedrooms, and even the kitchen and bathroom show their age. The garden is overgrown and requires maintenance, but there's a clear opportunity to enhance the outdoor space alongside the interior improvements.

However, the asking guide price of £290,000 translates to £315/sqf, which is about 13.5% above the local average of £277/sqf. When factoring in the estimated renovation costs of £40,000 to £80,000, the all-in cost could reach around £350,000, stretching the potential return against local benchmarks for this area. While the property has great potential to create a wonderful home, the price and renovation economics pose a significant concern for buyers looking to add value effectively.

Key opportunities

  • Generous living space that can be modernised to suit personal tastes.
  • Potential to transform the overgrown garden into an attractive outdoor area.
  • The chance to update dated interiors and create a more contemporary home.

Key risks

  • The all-in costs may exceed local property benchmarks, impacting potential returns.

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Map

Location

Longmead Road, Paignton
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 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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