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Membury, Axminster

South West

£350,000
Listed on 10/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1140 sqft

Description

This characterful stone cottage, approximately 1,140 sqft in size, presents a unique opportunity for refurbishment and investment. Set on a generous 0.28-acre plot of gardens, it offers potential for modernisation that can significantly enhance its appeal and value. The property includes inviting features such as log-burning stoves and a spacious conservatory that overlooks the garden. Currently comprising two double bedrooms and planning permission secured for a first-floor extension to add two more bedrooms, this home is perfect for those looking to expand their living space.<br><br>Located in the picturesque village of Membury within the scenic Blackdown Hills National Landscape, residents can enjoy countryside walks right from their doorstep while being only a short drive from Axminster's amenities and the renowned Jurassic Coast. This property also boasts practical elements including a private gated driveway, double garage, outbuildings, and ample parking space.<br><br>While the interior requires updates to realise its full potential, featuring a sitting room with an inglenook fireplace and exposed stone walls in the dining area, it holds great promise for enhancing both functionality and style. With mains utilities already accounted for and energy-efficient PV panels producing income via FIT payments, this property combines charm with investment viability.

Investment Analysis

(EX13 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£307/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£404,352
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
80%
Properties sold annually

Local Market Trend (EX13)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 9.0%
5 year growth: 4.7%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE