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Granary Lane, Budleigh

South West

£375,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
859 sqft

Description

Nestled on a desirable road in Budleigh Salterton, this charming end-terrace cottage presents a valuable investment opportunity with considerable potential for renovation. Just a short stroll from the beach and town centre, the property enjoys views over the beautiful Otter Valley, making it an ideal choice for those seeking a coastal retreat. The thriving community around offers independent shops and leisure activities, while proximity to excellent schools adds further appeal. The cottage comprises a spacious living room with French doors leading to the well-maintained front garden, a separate dining area, and a kitchen that opens into the rear garden—each offering generous natural light and ample space for modern reconfiguration. Upstairs are two sizable bedrooms that look out onto either charming townscape vistas or the serene valley. A standout aspect of this property is its long garden, which not only provides an abundance of established plants and fruit trees but also overlooks the Otter Valley Nature Reserve. This outdoor space holds great potential for enhancement or expansion (subject to local planning permissions), making this an exciting chance to create a bespoke home in one of the South West’s most sought-after regions. With mains services connected, including gas, water, electricity, and drainage, this property is ready for new owners to bring their vision to life in both interior and exterior spaces.

Investment Analysis

(EX9 area)

Above Market Value

This property is priced +12.3% above area average per sq ft

+12.3%
This Property
£437/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£367,472
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX9)

Area prices are falling by -7.8% over the last 12 months
3 year growth: -8.6%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on EX9 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

Granary Lane, Budleigh
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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
£1,352
Based on a loan of £281,250 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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