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Parkside Drive, Exmouth

South West

£350,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
732 sqft

Description

This 3-bedroom detached bungalow presents a unique opportunity for renovation enthusiasts and investors. Located conveniently within walking distance of local amenities at Brixington Parade and accessible bus routes, the property offers enchanting views of the Exe Estuary and coastline from its front aspect. While currently featuring uPVC double glazing and electric heating, there is the option to upgrade to gas heating since gas is already connected. The spacious layout includes a living/dining room with dual aspects that capitalise on the stunning scenery, a compact kitchen, three bedrooms, and a bathroom. This home requires updating, making it an exciting canvas for those looking to modernise or reconfigure space according to personal style. Additionally, the exterior features a private rear garden ideal for landscaping potential, along with a driveway and carport providing off-road parking for two vehicles. An early viewing is advised to fully appreciate both the accommodation's potential and its beautiful outlook.

Investment Analysis

(EX8 area)

Above Market Value

This property is priced +33.5% above area average per sq ft

+33.5%
This Property
£478/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£314
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£288,382
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX8)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -0.5%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on EX8 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

Parkside Drive, Exmouth
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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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