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Pine Park Road, Honiton

South West

£390,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2015 sqft

Description

This spacious detached chalet bungalow offers substantial potential for renovation and personalization, having been a cherished family home since the early 1970s. While it is currently comfortable enough to move in, certain features may appear somewhat outdated, providing a blank canvas for those looking to invest their creativity and modernize the space. The layout includes an inviting entrance porch that opens into a generous hallway, leading to well-sized ground floor rooms. The living room benefits from natural light and garden views through patio doors, complemented by a separate dining room and a practical study area. A kitchen/breakfast room with adjacent utility provides further functionality, overseeing the outdoor space. This home boasts three double bedrooms: the primary suite is conveniently located on the ground floor with an en-suite bathroom, while upstairs two more spacious doubles share a shower room alongside a large walk-in loft area suitable for various uses. Additionally, there’s an integral garage with ample driveway parking and expansive front and rear gardens that enhance appeal. Priced effectively to attract committed buyers, this property represents an excellent opportunity for enhancement in a desirable location.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -40.5% below area average per sq ft

-40.5%
Potential saving
This Property
£194/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£721,249
10% above area average per sq ft
Potential ROI
+62.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by +7.2% over the last 12 months
3 year growth: -9.1%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on EX14 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

Pine Park Road, Honiton
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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
£1,407
Based on a loan of £292,500 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.

Next Steps

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