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Harepath Road, Seaton, Devon, EX12 - Image 1
Harepath Road, Seaton, Devon, EX12 - Image 2
Harepath Road, Seaton, Devon, EX12 - Image 3
Harepath Road, Seaton, Devon, EX12 - Image 4
Harepath Road, Seaton, Devon, EX12 - Image 5

Harepath Road, Seaton, Devon, EX12

South West

£235,000
Listed on 03/10/2024

Property Details

Bedrooms
3
Type
Terraced house
Area
914 sqft

Description

This three-bedroom mid-terraced home presents a promising opportunity for renovation and investment, situated in a highly accessible area just 50 meters from Seaton Primary School and essential amenities including a hospital, medical practice, and pharmacy. The property is also within easy walking distance to the town center, seafront, beach, and a variety of cafes and restaurants. The layout features an entrance porch and hall that lead into a living room and kitchen on the ground floor. Upstairs, you will find two generously sized double bedrooms along with a versatile single bedroom that could serve as a study. A bathroom completes the first-floor arrangement. Outdoor space includes both a garden at the front and a sizable rear garden equipped with an outside WC and storage shed. While the property is fitted with gas-fired central heating and double-glazed windows—with recent updates including a new boiler and several replaced radiators—it currently requires some general updates and modernizations to unlock its full potential. This aspect presents an excellent opportunity for buyers looking to add value through renovations. Offered with no onward chain, this property is ideal for first-time buyers, those seeking a second home or holiday retreat, or investors looking for a buy-to-let option in an appealing location.

Investment Analysis

(EX12 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%
Potential saving
This Property
£257/sq ft
Area Average
£354/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£355,509
10% above area average per sq ft
Potential ROI
+36.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX12)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -2.5%
5 year growth: 4.4%
Investment Disclaimer: Analysis based on EX12 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

Harepath Road, Seaton, Devon, EX12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£861
Based on a loan of £176,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE