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Charmouth Road, Raymonds Hill, Axminster, Devon, EX13 - Image 1
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Charmouth Road, Raymonds Hill, Axminster, Devon, EX13

South West

£495,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1349 sqft

Description

This three-bedroom detached bungalow presents a solid foundation for renovation and investment opportunities. Situated just a few miles from the picturesque seaside town of Lyme Regis, which is part of the World Heritage-designated Jurassic Coast, this property benefits from its proximity to both coastal attractions and the bustling market town of Axminster. Accessed via a tarmac driveway, the property offers ample off-road parking space along with a double garage. Upon entering through the porch, you'll find a welcoming entrance hall that includes functional features such as an air conditioning unit and a WC. The layout provides versatility, with an open passage connecting the dining room and living room, enhancing natural light throughout the spaces. The living area extends into a conservatory that overlooks the garden and provides direct access outside. The galley-style kitchen comes equipped with an array of white cabinetry, laminate worktops, and essential appliances including an induction hob with an extractor fan, built-in ovens, a fridge/freezer, and a washing machine. Each of the three bedrooms offers potential for transformation; the primary bedroom features built-in wardrobes while the other two can serve as comfortable doubles or be adapted to suit different needs. A well-appointed bathroom caters to all bedrooms with its established fixtures. The level garden surrounding the bungalow is predominantly laid to lawn and bordered by shrubs for added privacy. This outdoor space holds significant potential for further enhancement or landscaping projects. With local amenities nearby and easy access to scenic coastal walks, this property not only represents an appealing residence but also stands as a promising investment opportunity in a sought-after location. The property is connected to mains water, electricity, drainage, and uses Calor gas for central heating.

Investment Analysis

(EX13 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£367/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£476,629
10% above area average per sq ft
Potential ROI
-12.5%
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

Charmouth Road, Raymonds Hill, Axminster, Devon, EX13
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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
£1,813
Based on a loan of £371,250 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