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Riverside View, Ottery St Mary - Image 1
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Riverside View, Ottery St Mary

South West

£190,000
Listed on 31/07/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a significant opportunity for renovation in the desirable town of Ottery St Mary. While the property is in need of modernisation, it offers a solid foundation for those looking to invest in a home that can be tailored to individual tastes and needs. Internally, the layout includes an entrance lobby leading into a lounge and a kitchen/dining room equipped with basic wall and base units. The first floor features two bedrooms and a bathroom, all of which could benefit from updates that would enhance both comfort and style. The presence of double-glazed windows adds an element of energy efficiency, which can be further improved through comprehensive renovations. Outside, the property has potential for landscaping enhancements with its gravel garden at the front and additional gravelled area featuring shrubs. At the rear, there is a timber balcony that overlooks a paved patio, along with steps leading down to it. A pedestrian gate provides access to the backyard, while nearby parking spaces add convenience for residents or guests. Additionally, beneath the home lies a useful storage basement with ample standing height, ideal for housing tools or outdoor equipment. Located in historic Ottery St Mary—known for its unique tradition of 'Tar Barrels'—this property benefits from being close to an array of local amenities including independent shops, a bakery, grocer, pharmacy, and supermarket. Families will appreciate the excellent educational options available in the area, highlighted by well-regarded institutions like The Kings School. Transportation links are another strong point; easy access to major roadways such as the A30 and M5 facilitates travel both locally and towards larger cities like Exeter. The nearby railway station also provides connections to London Waterloo, making this location appealing not just for homeowners but also as an investment opportunity in Devon’s vibrant market.

Investment Analysis

(EX11 area)
Area Average
£359/sq ft

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Monthly Sales
11
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX11)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 9.5%
5 year growth: 33.1%
Investment Disclaimer: Analysis based on EX11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Riverside View, Ottery St Mary
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