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Totnes Road, Paignton, Devon TQ4 - Image 1
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Totnes Road, Paignton, Devon TQ4

South West

£585,000
Listed on 27/12/2025

Property Details

Bedrooms
10
Type
Detached house
Area
2161 sqft

Description

This distinctive property presents an exciting renovation opportunity, combining two interconnected houses into a versatile space with significant potential for transformation. Currently set up as two 5-bedroom residences, the layout lends itself to various future uses, whether that be a luxurious family home, multiple rental apartments, or an attractive multi-generational living arrangement. Number 80 includes a self-contained one-bedroom apartment featuring a spacious lounge, an open-plan kitchen/diner, shower room, and sizeable bedroom. The main part of Number 80 connects to Number 78, which contains four additional bedrooms along with a family bathroom and an attic room leading to a roof terrace boasting panoramic views of the bay and sea. Both properties benefit from front and rear gardens. Entering Number 78 reveals a large entrance hall that leads into generous living spaces including a lounge with conservatory and formal dining area. The kitchen provides access to the outdoors while the first floor houses five double bedrooms—one equipped with an ensuite—alongside extra shower facilities. This building also enjoys outdoor space at both the front and rear. Character features such as high ceilings and ample room proportions are found throughout these historic homes, alongside several cellars that add considerable charm. An additional plot directly across from the property offers private parking for multiple vehicles, enhancing its practicality. A sealed water well underneath one of the bedrooms in the apartment provides intriguing design possibilities. In need of modernization, this property is an ideal canvas for those looking to create either high-end residential units or a deluxe family dwelling tailored to personal taste. Located on Totnes Road in Paignton, you’re just minutes away from local amenities and the seafront—all within easy walking distance.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£271/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£716,339
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ4)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -8.7%
5 year growth: 20.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,143
Based on a loan of £438,750 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