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Lyme Road, Axminster

South West

£350,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
721 sqft

Description

This distinctive single-story home presents a significant opportunity for renovation and enhancement, set on a generous 0.25-acre plot with level grounds and picturesque countryside views. Sidleigh is characterized by its unique brick and stone dashed façade beneath a traditional tiled roof, remaining largely in its original state from the past 50 years—making it ripe for modernization. There’s potential to convert the loft into additional living space, pending planning approval. Currently, there is no off-road parking, though neighboring properties have successfully secured planning permission for this feature.<br><br>The accommodation comprises an inviting entrance/sitting room with dual aspects and double doors leading to a rear garden. The kitchen overlooks this garden and includes a single sink unit and pantry, while an adjacent room could serve as a third bedroom. Two further bedrooms and a bathroom (with a separate WC) are located on the opposite side of the main living area.<br><br>Outside, a gravelled pathway leads to the front of the home, complemented by a lawned garden with mature trees. A gated side access provides entry to an enclosed rear garden filled with more established greenery and small timber structures, along with a cozy seating area adjacent to the living room, all framed by delightful views over Axminster and surrounding countryside. Overall, this property not only offers immediate potential but also long-term investment opportunities due to its location and size.<br><br>Conveniently located approximately half a mile from Axminster town centre, this property benefits from easy access to primary and secondary schools, local amenities including shops and healthcare facilities, as well as regular markets. The beautiful Axe Valley leads directly to the coast at Seaton (6 miles), with other natural attractions like Lyme Regis within similar reach. For commuters, Exeter is 24 miles away while Taunton sits 20 miles distant; Axminster train station provides direct connections to London Waterloo.

Investment Analysis

(EX13 area)

Above Market Value

This property is priced +50.9% above area average per sq ft

+50.9%
This Property
£485/sq ft
Area Average
£322/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£255,101
10% above area average per sq ft
Potential ROI
-40.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
114%
Properties sold annually

Local Market Trend (EX13)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +8.0%
5 year growth: +6.3%
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

Lyme Road, Axminster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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