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Membury, Axminster, Devon, EX13

South West

£385,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This expansive three-bedroom semi-detached property offers an excellent canvas for renovation and investment, positioned on the scenic southern edge of the Blackdown Hills. With stunning views over the surrounding countryside, the home combines tranquility with accessibility. The current owners have modernized various aspects during their decade-long tenure, including upgrading the kitchen and bathroom, installing new flooring, and refreshing décor throughout. Notably, they secured planning permission for a double-storey extension (ref: 16/2459/FUL) that presents further development opportunities tailored to your vision. Inside, the layout features a spacious kitchen/dining area that leads out onto a terrace perfect for entertaining amidst picturesque vistas. Additional ground floor rooms include a utility space and cloakroom, while upstairs holds three comfortable bedrooms alongside a family bathroom. The property has already benefited from a newly built single garage and features off-road parking on a gravel driveway accessed through a charming 5-bar gate. The garden wraps around and captures sunlight throughout the evening. Located between Stockland and Membury, this home provides convenient access to local schools and amenities in nearby market towns like Honiton and Axminster. With broadband capabilities of up to 1600 Mbps available, this residence is well-equipped for modern living. Potential buyers should note the very low risk of flooding in this area as well as its designation under Section 157 of the Housing Act 1985, which may affect future ownership or usage options.

Investment Analysis

(EX13 area)
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Membury, 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
£1,410
Based on a loan of £288,750 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