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Wotton Lane, Lympstone, Exmouth, EX8

South West

£585,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1862 sqft

Description

This spacious detached family residence presents a valuable opportunity for investors or buyers seeking to create a personalized home. Located on the fringes of a desirable estuary village, the property boasts convenient access to local amenities while offering expansive countryside views. The home features three well-sized bedrooms and a functional layout including a reception hall, sitting room, kitchen/dining area, and first floor bathroom. While the property requires modernisation, it holds excellent potential for improvement and expansion with the appropriate consents. Additional highlights include ample parking on a private driveway, a garage, and a sizable enclosed rear garden ideal for outdoor activities. Given its current condition and location, this property is particularly appealing for those interested in renovation projects that can enhance both value and livability.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£314/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
£733,563
10% above area average per sq ft
Potential ROI
+17.4%
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

Wotton Lane, Lympstone, Exmouth, EX8
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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
£2,110
Based on a loan of £438,750 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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