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Pound Lane, Exmouth

South West

£325,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This 2-bedroom detached bungalow comes with the opportunity for significant renovation, allowing new owners to customize it to their taste. With no onward chain, buyers can immediately consider the home's potential. The property offers gas central heating and double glazing throughout, featuring a living room with an open fireplace, two bedrooms, a modern shower room, a separate cloakroom, and a kitchen that includes built-in appliances. The outdoor space includes generously sized gardens, a garage, and off-road parking for multiple vehicles. Moreover, there is potential for a loft conversion subject to necessary permissions. This property represents an ideal canvas for those looking to invest in a home that they can truly make their own.

Investment Analysis

(EX8 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX8)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -5.1%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on EX8 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

Pound Lane, Exmouth
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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
£1,159
Based on a loan of £243,750 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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