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Property investment stats for Paignton, South West

A complete guide to property investment in Paignton.

Last updated: 18 September 2025

Investment summary

Paignton offers a blend of steady rental returns and accessible pricing, with a market that leans toward affordability for both buyers and renters. The average price per square foot sits at £282 per sq ft, and the price-to-income ratio at 5.4 suggests a more attainable entry point compared to many other locations. Rental demand is supported by a private rented sector in the 70th percentile, though the population is notably older, with those aged 60 and above in the 88th percentile. This age profile shapes the local market, making it less driven by young professionals or families and more by retirees and established owner-occupiers.

Liquidity is reasonable, with 939 transactions in the past year and an average of 85 days from listing to sale, while buyers can expect a typical discount of £5,000 (the typical achieved discount) on asking prices.

Image of Paignton, South West

Key investment stats for Paignton

Median price per sq ft

£282 / sq ft

Average rental yield

5.4%

Capital growth (1y)

-3.7%

Sales in past year

939

* Property stats calculated for last full calendar year (2024).

Live property stats in Paignton

Live prices in Paignton, South West

* Extreme prices clipped for legibility

Properties for sale

Median price

£299,950

25% of properties below...

£220,000

75% of properties below...

£400,000

Most expensive property

£3,000,000

Live listings

1,049

Median days on market

85

Should you invest in Paignton?

Opportunities

  • Investors can benefit from strong rental yields of 5.4%, which are particularly attractive for the South West.
  • The top-performing area for rental yield, TQ4, offers an even higher return of 6.1%.
  • Median sale and rent prices for both 3-bedroom houses (£300,000 and £1,400) and 2-bedroom flats (£190,000 and £1,000) are relatively affordable, opening the door to a broad range of investors.

Risks

  • Capital growth over the past year has changed by -3.7%, which may give pause to those seeking short-term appreciation.
  • The local market is heavily skewed toward older residents, with a lower share of young adults and families, possibly limiting future demand growth from these segments.
  • The discount to asking price (£5,000 (the typical achieved discount)) suggests buyers have room to negotiate, which could signal softer demand or oversupply in some segments.

Outlook

Over the next year, investors should expect a market shaped by stability rather than rapid growth. The three-year capital growth is 8.0%, with annualised growth at 2.6%, indicating consistent if unspectacular momentum. Rental demand should remain underpinned by a sizeable private rented sector and the area's popularity with older renters and retirees.

Affordability is likely to remain a draw, especially for those priced out of more expensive coastal or rural locations. While the age profile limits the potential for a surge in younger renters or buyers, steady yields and accessible entry points make Paignton a solid choice for income-focused investors. Liquidity and pricing trends suggest a balanced market, with neither buyers nor sellers holding all the cards.

Live properties in Paignton

Investment properties in Paignton, South West

1 bedroom flat for sale
49% below median price

£55,000

1 bedroom flat for sale

Totnes Road, Paignton, Devon, TQ4

Properties needing refurbishment in Paignton, South West
Needs Refurb
2 bedroom flat for sale
On market for 169 days

£75,000

2 bedroom flat for sale

Merritt Flats, Totnes Road, Paignto...

Slow to sell properties in Paignton, South West
Slow to Sell
2 bedroom park home for sale
Reduced by 43%

£20,000

2 bedroom park home for sale

Waterside Holiday Park, Dartmouth R...

Big price drop properties in Paignton, South West
Big Price Drop
8 bedroom semi-detached house for sale
High yield opportunity

£350,000 - Offers Over

8 bedroom semi-detached house for sale

Jedwick House, Paignton, Devon, TQ4...

HMO properties in Paignton, South West
HMO
5 bedroom detached house for sale
2,401 sq ft

£650,000 - Offers Over

5 bedroom detached house for sale

Tor Close, Paignton, Devon

Properties with planning granted in Paignton, South West
Planning Granted
2 bedroom caravan for sale
51% below median price

£70,000 - Guide Price

2 bedroom caravan for sale

Paignton, Devon, TQ4 6NS

Low price-per-sq-ft properties in Paignton, South West
Low Price per Sq Ft
10 bedroom detached house for sale
50% below median price

£540,000 - Guide Price

10 bedroom detached house for sale

St. Andrews Road, Paignton, TQ4 6HA

Auction properties in Paignton, South West
Auction

Achieved vs asking prices

Key takeaway: Balanced market

On average, properties sell slightly below asking; careful comp analysis is key.

Headline stats

• Median discount: £5,000

• 1 in 4 properties sell at > £10,000 below asking

• 1 in 10 properties sell at > £20,000 below asking

In percentage terms:

• Median discount of 1.9%

• 25% of properties discounted by > 3.7%

• 10% of properties discounted by > 6.6%

Best places to invest in Paignton

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1TQ46.1%3.9%£306 / sq ft
2TQ25.5%4.7%£285 / sq ft
3TQ35.3%1.6%£273 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.