Worst House on the Street Logo
Marine Parade, Dawlish, EX7 - Image 1
Marine Parade, Dawlish, EX7 - Image 2
Marine Parade, Dawlish, EX7 - Image 3
Marine Parade, Dawlish, EX7 - Image 4
Marine Parade, Dawlish, EX7 - Image 5

Marine Parade, Dawlish, EX7

South West

£490,000
Listed on 05/06/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This detached former guest house, located along the stunning seafront of Dawlish, Devon, represents a remarkable opportunity for renovation or redevelopment. With its historic architecture and spacious interior, this property invites innovative visions for modern living while retaining its unique character. The prime coastal location offers panoramic sea views that can be enhanced through thoughtful design. Currently configured with 12 bedrooms and 11 bathrooms, this property features a main reception area with a bar and a sizable balcony perfect for taking in the breathtaking vistas of the coastline. Its generous floor plan provides flexibility that can adapt to various uses, whether it be transformed into luxury apartments, boutique hotel accommodations, or an exclusive seaside retreat—subject to the necessary planning permissions. Dawlish is famed for its long sandy beaches and natural beauty. The nearby Dawlish Warren Beach and nature reserve offer abundant opportunities for outdoor activities such as birdwatching and leisurely walks, making the area particularly appealing to both residents and visitors alike. The iconic Dawlish Railway Line runs alongside the coast, providing scenic views while connecting the town to larger cities. The town itself boasts a delightful mix of independent shops, cafes, and restaurants that contribute to a vibrant community atmosphere. Local events throughout the year foster a sense of belonging among residents while showcasing Dawlish’s lively culture. In addition to its historical charm and ideal location, this property comes with outside space including a small rear garden area and hardstanding at the side. Proximity to local amenities ensures convenience for everyday living, while excellent transport links facilitate easy access to surrounding regions. Prospective buyers are encouraged to explore this property’s potential fully by conducting due diligence regarding planning permissions and development regulations. This is an opportunity not only to invest in real estate but also to restore a piece of Dawlish’s seaside heritage into something remarkable for contemporary use.

Investment Analysis

(EX7 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£49,000 - £122,500
10-25% of property value
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX7)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 2.1%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on EX7 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

Marine Parade, Dawlish, EX7
Map showing location of Marine Parade, Dawlish, EX7
Open Map