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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 center of a charming village, this chalet-style property occupies a generous 1.8 acres and offers significant potential for renovation and investment. The home, believed to date back to the 1970s, features spacious accommodation with a blend of Upvc and timber double glazing; however, modern updates are needed to enhance its appeal. The layout includes a large hallway that leads to a comfortable sitting room with a fireplace, a dual-aspect kitchen/dining area, two ground-floor bedrooms, and a wet room. Additional spaces include a sunroom, utility area, and conservatory on the main level, while the upper floor hosts two further bedrooms and a bathroom. The property benefits from substantial outbuildings, including a stone-built barn converted into a double garage with ample workshop space and storage overhead. A steel frame car port at the rear adds further utility for vehicle cover and storage. The approach is via a tarmac drive leading down to an expansive parking area. It's important to note that part of the drive and barn falls within a flood risk zone. The outdoor areas feature overgrown gardens that could be revitalized into beautiful landscaped spaces; steps ascend to the front door while a slope leads through the paddock which conveys an arboretum-like atmosphere, ideal for garden enthusiasts. While some trimming is required to reclaim these areas, their potential is evident. With mains water, electricity, drainage services in place, and oil-fired central heating complemented by an updated oil tank, this property offers both comfort and opportunity for those looking to invest in enhancements. Located within easy reach of Axminster's amenities and transport links to the stunning Jurassic Coast region—Sidmouth, Beer, Lyme Regis—this property not only provides serene living but also accessible exploration of nearby natural beauty.

Investment Analysis

(EX13 area)
Area Average
£313/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
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
8%
Properties sold annually

Local Market Trend (EX13)

Area prices are rising by +11.5% over the last 12 months
3 year growth: +10.4%
5 year growth: +7.8%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,766
Based on a loan of £371,250 over 30 years at 3.97% 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

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