Penwill Way, Paignton
South West
£216,000Guide Price
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
2Type
Detached BungalowArea
1156 sqftFeatures
- Garage
- Garden
- Parking
Description
This detached two-bedroom bungalow is offered with no onward chain and through the Modern Method of Auction. The accommodation includes an entrance porch and hallway, a dual-aspect lounge, a conservatory, two bedrooms and a bathroom. Outside, the property has a garden, driveway parking and a garage. The listing describes the home as requiring modernisation and renovation, giving a purchaser scope to update the existing accommodation to suit their needs. Buyers should review the auction information pack and reservation terms, including the additional reservation fee, and carry out their own due diligence.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £216,000, this detached bungalow is priced well below the local £/sqf average, giving buyers an attractive entry point for a project. Its detached layout, driveway and garage, plus the lounge, conservatory and established terraced garden, offer a useful canvas to reshape. The dated finishes across the observed rooms leave clear scope for new decoration and flooring, with a particularly distinctive bathroom and kitchen to modernise. The £45,000–£75,000 renovation range gives a sense of the work involved; the score reflects a good opportunity overall.
Key opportunities
- Acquire a detached bungalow at a asking price well below the local £/sqf average.
- Modernise the dated kitchen and distinctive coloured-and-patterned bathroom as part of a wider interior refresh.
- Make the most of the lounge and conservatory, driveway and garage, and established garden with paved terraces.
Key risks
- The roof covering shows visible moss or weathering and may need attention; the balcony/deck and some external surfaces also appear aged.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£816
Based on a loan of £162,000 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.
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