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Lower Broad Oak Road, Ottery St. Mary, EX11 - Image 1
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Lower Broad Oak Road, Ottery St. Mary, EX11 - Image 5

Lower Broad Oak Road, Ottery St. Mary, EX11

South West

£375,000
Listed on 28/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1283 sqft

Description

Nestled within a tranquil private drive, this detached Woolaway bungalow is situated on an expansive plot that offers both peace and potential. The property spans approximately 1,284 square feet and features a versatile layout with a spacious dual-aspect sitting room highlighted by a fireplace, a kitchen accompanied by a separate utility area, and a generous conservatory that seamlessly connects to the garden. This home includes three well-proportioned bedrooms, alongside a family bathroom and an additional shower room, making it functional for various living arrangements. The surrounding gardens are mature and provide ample space for outdoor activities while ensuring privacy from neighboring properties. Significantly, the sizable plot presents an exceptional opportunity for renovation or redevelopment, pending requisite planning approvals. The combination of its generous dimensions and idyllic location lends itself to the possibility of creating a custom-designed residence that suits individual preferences. Additional features include a large garage and multiple outbuildings that not only offer useful storage solutions but could also be transformed into ancillary accommodation or new structures altogether. Given the rarity of such opportunities in West Hill, this property is particularly attractive to investors or those looking to realize their vision for an individualized home in a serene setting. Tenure: Freehold Local Authority: East Devon District Council Council Tax Band: E Construction Type: Non-standard - Woolaway

Investment Analysis

(EX11 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£292/sq ft
Area Average
£363/sq ft

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£512,090
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Monthly Sales
7
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX11)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 14.5%
5 year growth: 39.5%
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

Lower Broad Oak Road, Ottery St. Mary, EX11
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