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Membury, Axminster

South West

£495,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Detached

Description

Nestled in the heart of Membury, this chalet-style property offers a generous 1.8 acres, featuring a large barn that has been transformed into a double garage with ample workshop space and storage above, along with a carport for additional vehicle protection. The property boasts delightful views across the village towards community landmarks such as the village hall, primary school, and church, set against the backdrop of the scenic Blackdown Hills National Landscape. While it enjoys the tranquillity of rural life, local amenities can be found just a short drive away in Axminster, where you’ll find a mainline station and supermarkets. Constructed in the 1970s, this block-and-render bungalow presents substantial accommodation but is now primed for modernization to fully realize its potential. The layout includes a spacious hallway that leads to a sitting room with a fireplace, an inviting kitchen/dining area, two ground-floor bedrooms, and a wet room. Additional spaces like a sunroom and conservatory further enhance its appeal. Upstairs are two more bedrooms along with another bathroom. The exterior features steps leading up to the front door amid gardens that have become overgrown but could be revitalized into beautiful outdoor areas or even expanded into an arboretum-style paddock with careful landscaping. There’s also access at the top of the grounds onto a lane which adds further convenience. Mains water, electric, drainage services are in place alongside oil-fired central heating supported by a double bunded tank. It’s important to note that part of the property is situated within a flood risk zone; potential buyers should consider this aspect during their planning for refurbishment.

Investment Analysis

(EX13 area)
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
118%
Properties sold annually

Local Market Trend (EX13)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +9.1%
5 year growth: +5.8%
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

Membury, Axminster
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,785
Based on a loan of £371,250 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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