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Newtown, Sidmouth, Devon, EX10

South West

£235,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1027 sqft

Description

This Grade II listed four-bedroom mid-terrace cottage presents a unique opportunity for renovation and investment. Having been cherished by the same family for over fifty years, the property retains many original character features that offer potential for modernization while preserving its historic charm. Spread over three floors, the layout begins with an open-plan sitting and dining area that overlooks a front garden. This space is complemented by doors leading into a kitchen equipped with fitted wall and base cabinets, providing ample scope for updates. An inner lobby connects to a separate WC and shower room, adding convenience to the ground floor. The first floor houses two spacious double bedrooms, both featuring fitted storage cupboards, while the second floor completes the accommodation with two additional bedrooms. The rear of the property offers a courtyard garden along with a useful storage shed, creating an inviting outdoor space that could be enhanced further. Located in a residential cul-de-sac just moments from the town center, this home is approximately 550 meters from the seafront and within walking distance of local shops and scenic walking paths, such as the picturesque Byes walk. This prime location in Sidmouth—an unspoiled coastal town known for its Regency and Victorian architecture—means that any renovations could significantly increase property value given the demand for homes in this area. Although currently in need of modernization, notable features such as double glazing provide a solid foundation for future improvements. It’s important to note that this property is being offered with no onward chain, allowing for a straightforward purchasing process. Cash purchasers are preferred due to its current condition. With its blend of character and potential, this cottage represents an exciting investment opportunity in one of East Devon's most desirable towns.

Investment Analysis

(EX10 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£229/sq ft
Area Average
£393/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£443,916
10% above area average per sq ft
Potential ROI
+55.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX10)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 0.3%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on EX10 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

Newtown, Sidmouth, Devon, EX10
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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