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Barum Close, Paignton TQ3

South West

£230,000
Listed on 23/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
863 sqft

Description

Nestled in a quiet cul-de-sac, this 2-bedroom mid-terraced house presents a solid opportunity for investors or homeowners looking to make their mark. The property features practical elements such as a detached garage and off-road parking, ensuring convenience for everyday living. Inside, the layout comprises a functional kitchen adjacent to a spacious living room that flows into a conservatory, offering a bright and inviting atmosphere. Both bedrooms are generously sized doubles, providing plenty of space for relaxation or potential reconfiguration. A shower room/WC, along with gas central heating and double glazing, adds to the home’s functionality. While the interiors are well-maintained, there is ample scope for modernization and personal touches, making it an ideal project for those looking to enhance value. The outdoor area includes a low-maintenance rear garden that combines paving slabs with gravel and artificial grass, creating an easy-to-care-for escape. A rear gate provides direct access for convenience, while the front garden features welcoming gravel landscaping. The detached garage offers extra storage or parking options and includes a parking space in front, ensuring secure off-road parking. This property’s prime location enhances its appeal; it is within walking distance of Paignton's vibrant town centre and seafront. Residents can enjoy an array of shops, cafes, bars, restaurants, and recreational spaces including sandy beaches and picturesque parks. Additionally, Paignton train station nearby offers excellent transport links to neighboring towns like Torquay and Newton Abbot. With no onward chain and significant potential for renovation or investment gains, this property is well-positioned for those looking to create their ideal coastal home while benefiting from all that Paignton has to offer.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -3.1% below area average per sq ft

-3.1%
Potential saving
This Property
£267/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£261,010
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: 21.9%
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

Barum Close, Paignton TQ3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE