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Hamilton Road, Exmouth

South West

£195,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1098 sqft

Description

This two-bedroom detached bungalow presents a compelling opportunity for renovation or redevelopment, situated on a sizable plot in a desirable residential area of Exmouth. While the property may require some modernization, it holds significant potential for those looking to increase its value through thoughtful updates or complete transformation. The bungalow is conveniently located near the stunning seafront and is easily accessible from Exeter, which is only twelve miles away by road or rail. This vibrant coastal town offers over three miles of golden sands and an expansive estuary along with numerous recreational activities, such as sailing and water sports. Residents can enjoy the nearby amenities, including shops, restaurants, and schools, making this an ideal location for families and retirees alike. Inside, the accommodation includes an entrance hallway leading to a kitchen, living room, conservatory, two bedrooms, and two bathrooms. The layout offers flexibility for reimagining spaces to suit modern living standards. Outside, the property features a double driveway that accesses a large integral garage. The rear garden is enclosed and mature, providing a pleasant outdoor space that could be further developed or landscaped. With its prime location and ample plot size, this bungalow not only offers immediate living options but also represents an excellent investment opportunity for builders or developers looking to explore the potential for new semi-detached homes (subject to necessary planning consents). The combination of location benefits and property size makes this an attractive proposition for individuals seeking to capitalize on Exmouth’s growing desirability.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -50.2% below area average per sq ft

-50.2%
Potential saving
This Property
£178/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£431,003
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hamilton Road, 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
£714
Based on a loan of £146,250 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