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Palm Close, Exmouth

South West

£225,000
Listed on 10/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced home presents an excellent opportunity for refurbishment, situated conveniently within walking distance of essential local amenities including shops, a primary school, and a medical practice. The property benefits from gas central heating and predominantly double-glazed windows, though it could use some modern touches to enhance its appeal. The layout includes a living/dining area and kitchen on the ground floor, while the first floor features two bedrooms alongside a family bathroom. Outside, there is an enclosed rear garden complemented by a nearby garage with driveway space for multiple vehicles. Ideal for first-time buyers or investors looking to develop their own vision, this property provides considerable potential to create a comfortable living space through strategic updates and renovations. Early viewings are encouraged.

Investment Analysis

(EX8 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£314
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Palm Close, 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
£811
Based on a loan of £168,750 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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