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Musbury, Axminster

South West

£350,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
884 sqft

Description

This two-bedroom detached bungalow offers a unique opportunity for renovation and investment, nestled in a quiet cul-de-sac with scenic views. Constructed in the 1960s, this traditionally built property boasts cavity walls and a tiled roof, presenting a solid base for your renovation plans. Having been owned by the same family since 1979, it is now in need of modernisation and some upkeep, making it ideal for those looking to create their dream home or capitalize on its investment potential. The spacious layout includes an L-shaped hallway leading to the sitting room that opens onto a sizable patio area through sliding doors, while an impressive 22ft double-glazed conservatory adds further appeal to the living space. The kitchen retains light wood-fronted units with ample space for appliances, complemented by two well-sized bedrooms and a bathroom featuring extensive tiling. The outdoor space is equally inviting, with a wrap-around garden that includes mature shrubs and multiple seating areas in addition to a lawned area. A long driveway provides off-street parking alongside an adjoining garage and timber workshop/potting shed. Located on the outskirts of Musbury village, this property enjoys easy access to various local amenities and recreational facilities in nearby Axminster and Seaton. With good transport links and highly regarded primary and secondary schools in the vicinity, this bungalow presents an excellent opportunity for those willing to invest time into renovations.

Investment Analysis

(EX13 area)

Above Market Value

This property is priced +23.3% above area average per sq ft

+23.3%
This Property
£396/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£312,335
10% above area average per sq ft
Potential ROI
-20.9%
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

Musbury, 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
£1,282
Based on a loan of £262,500 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