Moorstone Leat, Paignton, Devon TQ4 - Image 1

Moorstone Leat, Paignton, Devon TQ4

South West

£220,000

Listed on 20/03/2026

Property Details

Bedrooms

Type

Bungalow

Area

1011 sqft

Description

This two-bedroom bungalow is located in a desirable cul-de-sac within Broadsands Park, offering a rare opportunity for those looking to invest in a project. While the property does require comprehensive modernisation throughout, it presents significant potential for enhancement. It features a private driveway with access to a garage, making it ideal for homeowners seeking to create their dream living space in a popular area.

Investment Analysis

(TQ4 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%

Potential saving

This Property

£218/sq ft

Area Average

£299/sq ft

Avg Rent (weekly)

£225

Avg Yield

3.9%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£332,796

10% above area average per sq ft

Potential ROI

+28.0%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

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

Moorstone Leat, Paignton, Devon TQ4

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£779

Based on a loan of £165,000 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.

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Similar Properties

Moorstone Leat, Paignton, Devon TQ4

Property Details

Description

Investment Analysis

Below Market Value

Renovation Potential

Local Market Trend (TQ4)

Location

Mortgage Calculator

Next Steps

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