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North Street, Axminster

South West

£230,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
805 sqft

Description

This semi-detached bungalow features two bedrooms and presents a promising opportunity for those interested in a renovation project or an investment. The property includes a reception room that offers a comfortable space ideal for relaxation or hosting gatherings. Each of the two bedrooms is generously sized, providing flexibility for various layouts as you look to enhance the living experience. The exterior of the home includes front and rear gardens, perfect for creating an outdoor oasis or adding landscaping elements to improve curb appeal. A single garage accompanies the property, along with driveway parking suitable for up to two vehicles, ensuring ease of access. While the interior requires modernisation, this condition offers a unique advantage—an opportunity to tailor the design and updates to meet personal preferences or market demands. With no onward chain, potential buyers can anticipate a smoother transition into their new space, making it especially appealing for first-time homeowners or those considering downsizing. Inside, the hallway leads you through to the various rooms, including a lounge with partial countryside views that can be further accentuated with thoughtful renovations. The kitchen, equipped with foundational appliances and ample storage, has potential for modern upgrades that can enhance both functionality and aesthetic appeal. Each bedroom comes with fitted wardrobes, maximizing storage while allowing for a clean slate where personal styles can shine through. The bathroom features essential amenities with space for modification if desired. As you explore the garden, you'll discover tiered levels that invite imaginative landscaping possibilities; from creating additional seating areas to establishing vibrant flower beds or vegetable patches. Located in East Devon District Council's jurisdiction and benefiting from low flooding risks, this property could serve as an attractive investment venture. Mains utilities are connected and high-speed broadband options are available—factors that enhance living convenience. Overall, this bungalow represents not just a home but an entry point into personalized living and investment potential within a desirable location.

Investment Analysis

(EX13 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£286/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£284,423
10% above area average per sq ft
Potential ROI
+3.4%
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

North Street, Axminster
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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
£843
Based on a loan of £172,500 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