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Kilmington, Axminster

South West

£345,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1109 sqft

Description

This individual detached bungalow, constructed in the 1960s and set within approximately 1.90 acres of land, presents a notable renovation opportunity for investors or those seeking to create a distinctive country home. The property features three bedrooms, an entrance hallway with an airing cupboard, a sitting room complete with an open fire, a dining room, and a modern conservatory that enhances the living space. While the bungalow has been well maintained over the years, it is now due for modernization to fully realize its potential. Outside, the property boasts level gardens adorned with mature shrubs and a fishpond, along with practical outbuildings including a single garage and several greenhouses that could serve varied purposes. Located in a semi-rural area near Kilmington village, this setting offers tranquil views of surrounding farmland while still being within reach of local amenities. Buyers should be aware of the Agricultural Occupancy Condition (AOC) impacting potential future use. Overall, this property not only provides comfortable living space but also ample land and facilities for further development or personal customization.

Investment Analysis

(EX13 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£311/sq ft
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£390,368
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
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

Kilmington, Axminster
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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
£1,244
Based on a loan of £258,750 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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