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Marine Parade, Preston, Paignton TQ3

South West

£325,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
897 sqft

Description

This three-bedroom home is conveniently located within a short walk of Preston Beach and local amenities, making it an appealing prospect for renovation or investment. The property benefits from good accessibility to nearby bus routes connecting to Paignton, Brixham, Torquay, and Newton Abbot, along with essential services like a doctor's surgery and sub post office in close proximity. Offered with no onward chain, the layout includes a welcoming porch that opens into a lounge/dining area equipped with a character fireplace and access to the kitchen that leads out to an easy-to-maintain rear courtyard. The first floor features three bedrooms, one boasting a balcony that captures stunning sea views and overlooks Preston Green. While currently functional, the home presents an exciting opportunity for modernization. Out front, there is off-road parking for one vehicle and potential for extension (subject to planning consent), enhancing its value further. This property invites you to envision its potential with some refurbishment work.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +30.5% above area average per sq ft

+30.5%
This Property
£362/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£274,007
10% above area average per sq ft
Potential ROI
-24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Marine Parade, Preston, Paignton 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
£1,228
Based on a loan of £243,750 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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