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Totnes Road, Paignton, Devon TQ4

South West

£585,000
Listed on 09/04/2026

Property Details

Bedrooms
10
Type
Detached
Area
2161 sqft

Description

This distinctive property on Totnes Road presents a rare renovation opportunity, boasting dual configurations as two adjoining 5-bedroom homes. Ideal for investors or families seeking ample space, the layout allows for versatility in its usage—from a refined single-family dwelling to potential conversion into luxury apartments or a multi-generational residence. Number 80 includes a self-contained one-bedroom apartment with an inviting lounge, open-plan kitchen and dining area, spacious bedroom, and shower room. This unit is complemented by four additional bedrooms and shared facilities within the rest of the property. An attic room enhances the upper levels, leading to a roof terrace that offers breathtaking views of the bay. Meanwhile, Number 78 features impressive character elements throughout, such as high ceilings and generous room sizes. It comprises an entrance hall that connects to a lounge with conservatory space, formal dining area, well-appointed kitchen with outdoor access, and five double bedrooms upstairs—one with its own ensuite—and additional bathrooms. Both sections of the home are surrounded by front and rear gardens and include various cellars for extra storage potential. Furthermore, there's an adjacent plot of land providing private parking for multiple vehicles—a desirable feature in this central location. While this property holds significant historical charm and character details awaiting revival, it requires modern updates to realize its full potential. With convenient access to local amenities and just a short walk from Paignton's bustling town centre and seafront, this property stands as an excellent investment opportunity in the South West.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£271/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£711,347
10% above area average per sq ft
Potential ROI
+0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ4)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -7.6%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on TQ4 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

Totnes Road, Paignton, Devon TQ4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,072
Based on a loan of £438,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-2.5% since listed
£585,000£15,000(-2.5%)
27/12/2025
Current price
£600,000Initial listing
29/05/2025

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