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Paignton
development finance.

Expert property development finance in Paignton, Devon. Median price £245,000, 948 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£245k
Sales (12m)
948
YoY change
-7.5%
Devon sandy beach coastline

Property finance
in Paignton.

Paignton - torbay coastal town with affordable values relative to Torquay and regeneration opportunities. With a median property price of £245,000 and 948 transactions in the last twelve months, Paignton represents a steady market with prices down 7.5% year-on-year.

Detached homes command a median of £366,000 while flats average £138,000, reflecting the breadth of Paignton's residential market. Terraced houses sit at £213,750, offering developers a range of scheme types from conversions to ground-up residential.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Paignton and the wider Devon area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Live market data

Paignton
market snapshot.

HM Land Registry sold-price data for Paignton over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£245,000
Sales (12m)
948
YoY change
-7.5%
Approved (recent)
69
Pipeline units
849
Pipeline GDV
£174.6M

Paignton development appraisal

Model the numbers
for your scheme.

Pre-populated with Paignton median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Paignton median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,330/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,946,625
Senior Debt (65% LTGDV)£1,251,250
Equity Required£695,375
Interest (18m)£140,766
Profit on Cost-7.8%
Senior Debt£1,251,250
Equity£695,375

Land Registry data

Recent property sales
in Paignton.

948 residential transactions in the last twelve months. Median sold price £245,000 (-7.5% YoY). 9 new-build transactions with a +24.5% premium over existing stock.

Detached

£366,000

Semi-Detached

£257,750

Terraced

£213,750

Flat

£138,000

DateAddressTypePrice
26 Aug 202617, SEAWAY ROADTQ3 2NXFlat£62,500
24 Aug 2026FLAT 19, NEW ESPLANADE COURT, ESPLANADE ROADTQ4 6BGFlat£71,000
24 Aug 202616, POLPERRO CLOSETQ3 3FQTerraced£96,000
21 Aug 202698, SANDRINGHAM DRIVETQ3 1HJDetached£265,000
21 Aug 202634, KINGSWAY AVENUETQ4 7ADDetached£416,000
20 Aug 2026FLAT 18, HAYES COURT, TOTNES ROADTQ3 3RZFlat£125,000
19 Aug 202619, SEAWAY ROADTQ3 2NXFlat£60,000
14 Aug 2026FLAT 23, NEW ESPLANADE COURT, ESPLANADE ROADTQ4 6BGFlat£69,000
14 Aug 202675, PRIMLEY PARKTQ3 3JXDetached£260,000
14 Aug 202699, COLLEY END ROADTQ3 3RASemi-Detached£275,000

Planning pipeline

Planning activity
in Paignton.

69 approved (last 15 months)
·
38 pending
·849 units in pipeline·£174.6M estimated GDV·82% approval rate (last 15 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
2248/26/FUL

Demolition of existing dwelling and detached garage, construction of new dwellin…

Near TQ5 0HE

1£366,000Pending
2248/26/FUL

Demolition of existing dwelling and detached garage, construction of new dwellin…

Near TQ5 0HE

1£366,000Pending
P/2025/0671

Outline application for demolition of building and replacement with 8no. apartme…

Near TQ1 2HH

8£1.1MPending
P/2026/0157

Retention of part of commercial unit, currently vacant store areas, and conversi…

Near TQ1 3BP

1£138,000Pending
P/2025/0768

Change of use from guest house to dwelling.

Near TQ4 6EG

1£245,000Pending

Current Applications

RefProposalUnitsEst. GDVStatus
P/2026/0578

Change of use and conversion of former doctors' surgery to 6 x self-contained su…

Near TQ2 6HD

6£828,000Pending
P/2026/0558

Change of use from single residential dwellinghouse (C3) to residential institut…

Near TQ3 2AR

0-Pending
P/2026/0532

Change of use from ambulance offices (use class E) to residential institution as…

Near TQ4 5UD

0-Pending
P/2026/0516

Outline planning application for the erection of a residential development compr…

Near TQ5 9NP

14£1.9MPending
P/2026/0512

Change of use of garage to affordable residential unit. Alterations to fenestrat…

Near TQ5 8HA

1£245,000Pending

Source: HM Land Registry price paid data, 12 months to October 2026 · Torbay planning register, retrieved October 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in Paignton
— answered.

What is the average property price in Paignton?
The median property price in Paignton is £245,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £366,000, semi-detached properties at £257,750, terraced houses at £213,750, flats at £138,000.
Is Paignton a good area for property development?
Paignton recorded 948 property transactions in the last 12 months, with prices adjusting 7.5% year-on-year - creating potential value opportunities for developers. Torbay coastal town with affordable values relative to Torquay and regeneration opportunities. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Paignton?
We arrange the full range of property development finance in Paignton: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Paignton?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Paignton?
Development finance rates for Paignton projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.5M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Paignton,
Devon.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Paignton and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.