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Beavor Lane, Axminster, Devon

South West

£525,000
Listed on 13/02/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1846 sqft

Description

This spacious detached residence, dating back to the 1930s, is situated on the outskirts of Axminster and offers considerable renovation potential, making it an appealing option for investors and those looking to create their dream home. The property features five bedrooms and three reception rooms, spread over nearly 1850 sq ft of living space across two floors, thanks to a thoughtfully added two-storey extension. The interior is characteristic of its era, with light-filled rooms and high ceilings complemented by bay windows that enhance the property’s overall spaciousness. The main entrance leads into a generous hallway from which you can access dual-aspect reception rooms, both equipped with fireplaces that provide a focal point. The kitchen retains traditional oak units and boasts an Aga along with a pantry and adjoining utility room. A versatile study overlooks the garden and includes a single-person lift to facilitate access to the first floor; this space could be modified based on future needs. Upstairs are five comfortable bedrooms alongside a recently renovated family bathroom. Externally, the property is set within approximately 0.25 acres of mature gardens that offer a blend of privacy and outdoor enjoyment, featuring well-tended lawns, herbaceous borders, rose beds, and several seating areas for relaxation. Additional outbuildings include a modern workshop as well as two sheds and a summerhouse—ideal for hobbies or additional storage. Accessed via double gates leading to a tarmac driveway that accommodates ample parking options, this home provides both functionality and charm. Located at the start of a no-through lane, this residence enjoys both town and countryside views while being conveniently positioned just over half a mile from Axminster's vibrant town centre. This market town has an eclectic mix of national chains alongside independent retailers, local healthcare services, and regular farmers' markets. With beautiful surroundings including the Axe Valley bird sanctuary leading to nearby coastal towns like Seaton (6 miles) and Lyme Regis—known for its stunning beaches along the World Heritage Jurassic Coast—the location allows for both recreational pursuits and everyday amenities. Educational opportunities in the vicinity are strong; primary options include Axminster Community Primary School along with secondary schools such as The Woodroffe School in Lyme Regis and notable Colyton Grammar School. For further education prospects, Exeter College and Exeter University are within reach. As an investment opportunity or personal project, this property invites visionaries willing to modernize its spaces while maintaining its original character. Notably, there’s potential for further development in light of recent planning applications in the area—factors worth considering

Investment Analysis

(EX13 area)

Below Market Value

This property is priced -11.5% below area average per sq ft

-11.5%
Potential saving
This Property
£284/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£652,229
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX13)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 9.8%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on EX13 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

Beavor Lane, Axminster, Devon
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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
£1,923
Based on a loan of £393,750 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