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Summerland Avenue, Dawlish, EX7 - Image 1
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Summerland Avenue, Dawlish, EX7

South West

£370,000
Listed on 26/01/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1044 sqft

Description

This detached bungalow, situated in a tranquil cul-de-sac, offers a prime opportunity for renovation and investment. With three bedrooms, the property is conveniently located near the amenities of Dawlish town center, as well as its beautiful beaches and transport links. The bungalow features double glazing and central heating, providing a solid foundation for modern enhancements. The expansive rear garden not only boasts stunning views over the town and countryside but also offers potential for landscaping and personal touches that could greatly increase value. Access to the property begins with a terraced front garden adorned with mature shrubs, leading down through steps to the main entrance. Inside, a hallway leads to several key living areas, including a lounge with dual aspect windows that frame picturesque views of the sea. The lounge connects seamlessly to a dining area through an open archway, an ideal layout for hosting or family gatherings. The kitchen includes essential appliances such as a fridge/freezer and double oven but would benefit from updating to meet contemporary tastes. A side porch/utility space provides additional practicality with plumbing for laundry facilities and natural light from three sides. Each bedroom offers flexibility in design—primary bedroom featuring built-in wardrobes provides excellent storage options while two additional rooms boast dual aspects to enhance brightness. The bathroom is equipped with both a spa bath and electric shower but presents opportunities for modernization. Outside, the south-facing rear garden is generously laid out with several defined areas including patios with direct access from the lounge. This outdoor space invites creativity, whether one envisions an elaborate garden retreat or simply updating existing features like the greenhouse and decked area. Overall, this property presents various avenues for enhancement—both inside and out—making it ideal for investors looking to capitalize on its potential in a desirable location. Internal viewings are encouraged to truly appreciate what this bungalow has to offer in terms of comfort, space, and future possibilities.

Investment Analysis

(EX7 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£354/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£344,175
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX7)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.5%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on EX7 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

Summerland Avenue, Dawlish, EX7
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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
£1,355
Based on a loan of £277,500 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