Worst House on the Street Logo
Millhead Road, Honiton - Image 1
Millhead Road, Honiton - Image 2
Millhead Road, Honiton - Image 3
Millhead Road, Honiton - Image 4
Millhead Road, Honiton - Image 5
Millhead Road, Honiton - Image 6
Millhead Road, Honiton - Image 7
Millhead Road, Honiton - Image 8
Millhead Road, Honiton - Image 9

Millhead Road, Honiton

South West

£260,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
806 sqft

Description

This three-bedroom semi-detached property presents an excellent opportunity for renovation in a sought-after area. While the home currently requires modernisation, its layout and generous garden space offer considerable potential for transformation. The ground floor features a reception hall, living room, dining area, kitchen, and a garden room that could serve as a versatile space. The upper level includes three bedrooms along with a family bathroom. Outside, the property boasts an appealing front lawn and a driveway for off-road parking, while the rear garden is spacious and predominantly laid to lawn, ideal for enhancements or landscaping projects. This home is perfect for those looking to invest in a project that can significantly increase value.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£323/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£290,760
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -10.4%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on EX14 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

Millhead Road, Honiton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£921
Based on a loan of £195,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development