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Pound Street, Exmouth, Devon

South West

£190,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
686 sqft

Description

This two-bedroom mid-terraced property presents a unique opportunity for those looking to invest or create a personalized living space. The home features a spacious lounge-diner and a practical kitchen, providing ample room for both relaxation and entertainment. A family bathroom is conveniently located to service the upstairs bedrooms, each offering generous proportions and an abundance of natural light. One of the standout features of this residence is the private courtyard garden at the rear, which serves as a manageable outdoor space ideal for small gatherings or quiet moments outdoors. While the interior would benefit from modernization, this aspect allows potential buyers to infuse their own style and preferences into the home, making it an exciting project for creative individuals or savvy investors focused on enhancing property value. Situated in a desirable area, this home offers easy access to Exmouth Town Centre, where residents can enjoy various shops, schools, restaurants, and leisure options. The nearby sandy beaches and the renowned Jurassic Coastline provide excellent opportunities for outdoor activities and relaxation. Additionally, regular train and bus services connect you to Exeter, which boasts further amenities and direct transport links to the M5 motorway network and beyond. With no onward chain associated with this property, it allows for a seamless transition whether you are a first-time buyer eager to start your journey or an investor looking for a promising addition to your portfolio. This mid-terraced home is poised for transformation into a stylish dwelling in an attractive locale.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£277/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£269,279
10% above area average per sq ft
Potential ROI
+22.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Pound Street, Exmouth, 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
£696
Based on a loan of £142,500 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