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Membury, Axminster, Devon, EX13

South West

£345,000

Listed on 03/12/2025

Property details

Bedrooms
3
Type
Semi Detached
Area
1069 sqft

Description

This three-bedroom semi-detached house presents a unique opportunity for renovation and investment. Nestled on the southern edge of the picturesque Blackdown Hills, the property boasts impressive rural vistas while offering a level of seclusion without complete isolation. Having been owned by the current occupants for nearly a decade, significant upgrades have already been made, including a new kitchen, bathroom, flooring, and a modern boiler. Furthermore, planning permission has been secured for both a single garage and a double-storey extension (refer to planning ref: 16/2459/FUL), enhancing the potential for further development pending necessary approvals. The interior layout comprises a spacious kitchen/dining area that takes advantage of breathtaking views, alongside a comfortable sitting room, utility room, and cloakroom on the ground floor. The first floor accommodates three bedrooms and a family bathroom. Set between Stockland and Membury, this home is positioned within close proximity to essential amenities in nearby Chard as well as market towns like Honiton and Axminster. The well-respected local schools make this a viable option for families looking to invest in an area with educational resources. The property features off-road parking through its gated gravel driveway leading to the garage. A sunlit garden wraps around its west-facing side with patio doors opening from the kitchen/dining area onto an inviting terrace that showcases the surrounding hills. A section of the garden is fenced off to house a modern treatment plant ensuring convenience for future owners. It is important to note that this property falls under a Section 157 restriction of the Housing Act 1985.

Investment analysis

(EX13 area)

Above Market Value

This property is priced +3.9% above area average per sq ft

+3.9%
This Property
£323/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£365,352
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX13)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +2.3%
5 year growth: +2.0%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,303
Based on a loan of £258,750 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-10.4% since listed
£345,000£20,000(-5.5%)
19/06/2026
Current price
£365,000£20,000(-5.2%)
05/03/2026
£385,000Initial listing
28/12/2025

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