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Windmill Road, Paignton TQ3

South West

£325,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1130 sqft

Description

This two-bedroom detached bungalow offers a promising opportunity for those looking to invest in a property with renovation potential. Set in a desirable residential area, the home comes with the advantage of no onward chain. It features pleasant sea views from the rear, enhancing the appeal of the tranquil living environment. Inside, the bungalow is in need of modernization and presents an exciting canvas for buyers to customize according to their preferences. The spacious lounge provides a cozy retreat that leads into a sun lounge, perfect for basking in natural light while enjoying the view. The kitchen includes a range of units for storage and work surface but would greatly benefit from an upgrade. Both double bedrooms overlook the garden and scenic vistas at the back. Additionally, the property includes a single garage and driveway parking. The generous rear garden, with its southerly aspect and sea views, is ideal for outdoor relaxation or entertainment. Conveniently located near local amenities and transport links, this detached bungalow holds significant investment potential for those willing to modernize it to their taste.

Investment Analysis

(TQ3 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£288/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£343,627
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.6%
5 year growth: +13.9%
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

Windmill Road, Paignton TQ3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% 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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