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Bicton Street, Exmouth

South West

£260,000
Listed on 06/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1001 sqft

Description

This terraced property presents a solid opportunity for renovation and investment in a sought-after residential area. While it currently requires modernization, the layout offers a functional three-bedroom home with potential for significant enhancement. The accommodation features an open-plan sitting and dining room, a kitchen, sunroom, three bedrooms, a bathroom, and a separate W/C, all set within a manageable garden that includes rear access. Located near the mouth of the River Exe, this property benefits from its proximity to the picturesque Devon countryside while being only twelve miles from Exeter. The vibrant town of Exmouth is known for its stunning beaches, extending over three miles of golden sands and an expansive estuary along the East Devon coastline. Residents can enjoy various recreational pursuits including sailing, boating, and water sports. The area is also supported by numerous amenities such as shops, restaurants—including Marks & Spencer Foodhall—primary schools, and Exmouth Community College. The entrance hall welcomes you into the home and leads to versatile living spaces. The living area features a large bay window that invites natural light, while the adjoining dining area opens up to the sunroom—a perfect spot for relaxation or potential transformation into additional living space. The kitchen overlooks the garden and comes equipped with essential fixtures but holds ample room for updates or reconfiguration. Upstairs, the three bedrooms provide comfortable sleeping quarters with varying sizes to suit different needs. The bathroom is functional yet presents an opportunity for modern upgrades to reflect current design trends. The low-maintenance rear garden adds outdoor appeal with well-stocked borders and easy access from the side of the property. This residence not only offers immediate potential for improvement but also represents an attractive investment in a thriving location that continues to draw interest due to its blend of coastal charm and accessibility to urban amenities. In summary, this property is ripe for renovation and could yield considerable returns as part of your investment portfolio or as your next family home in one of Devon's most appealing towns.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£260/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£392,928
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.4%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on EX8 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

Bicton Street, Exmouth
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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
£952
Based on a loan of £195,000 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