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Laura Grove, Paignton, Devon TQ3

South West

£375,000

Listed on 10/05/2026

Property Details

Bedrooms
5
Type
Bungalow
Area
1692 sqft

Description

This detached five-bedroom bungalow offers a promising renovation opportunity, ideal for those looking to invest in a property with great transformation potential. Positioned to take advantage of inviting sea views, the home features off-road parking, a garage, and a spacious rear garden that will benefit from updating. Inside, the layout is generous, comprising a welcoming entrance hallway, an expansive living/dining area, kitchen, study, utility room, and five bedrooms, two of which include en-suite bathrooms. Additional features such as a sizeable cellar with external access and two undercroft storage areas enhance the property's usability. Notably located approximately two miles from Paignton town centre and within reach of local schools and major road links, this property stands out as an exceptional project for buyers seeking to create a refined family home while capitalizing on its significant potential.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£222/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£516,855
10% above area average per sq ft
Potential ROI
+13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -9.0%
5 year growth: +6.5%
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

Laura Grove, Paignton, Devon TQ3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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.

Stamp Duty Calculator

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