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Shells Lane, Colyford, Colyton

South West

£730,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
3071 sqft

Description

This spacious family residence, held in the same ownership for over 27 years, presents an exciting opportunity for renovation and improvement. Nestled in a desirable location along a peaceful no-through road, this property is conveniently located within walking distance of Colyton Grammar School, noted as one of the top secondary schools in the UK. Just a mile away lies the charming town of Colyton.<br><br>While the house is currently clean and functional, it requires comprehensive modernisation including updates to the kitchen, bathrooms, and general interior elements such as flooring and decor. The entrance features a five-bar gate leading into a gravel driveway with ample parking space in front of a large two-storey timber building. This versatile outbuilding, presently used for storage and workspace, has potential for various uses upon obtaining necessary planning permissions; however, it may need re-cladding or replacement.<br><br>The main accommodation consists of a welcoming porch, hallway, shower room, kitchen with dining area, living room, and an adaptable ground floor room that can serve multiple purposes. Upstairs are two bedrooms showcasing remarkable views of the coast and Axe Estuary, alongside another bathroom and separate WC. An accessible loft space offers further potential with stunning dual-aspect views.<br><br>This property offers an ideal blank slate for prospective buyers looking to create their dream home while enhancing its value within this sought-after locale. The surrounding area boasts local amenities including public houses, shops, and easy transport links to Seaton and Exeter via bus services nearby. Nature enthusiasts will appreciate proximity to Seaton Wetlands Nature Reserve as well as a mainline railway station just six miles away in Axminster connecting to London Waterloo.<br><br>With significant renovation potential throughout both inside and outside—including various garden spaces—the property encourages creativity in transforming it into a bespoke dwelling.

Investment Analysis

(EX24 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£238/sq ft
Area Average
£368/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,242,127
10% above area average per sq ft
Potential ROI
+49.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX24)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 15.7%
5 year growth: 42.9%
Investment Disclaimer: Analysis based on EX24 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

Shells Lane, Colyford, Colyton
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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
£2,674
Based on a loan of £547,500 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