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Iona Avenue, Exmouth

South West

£400,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This charming detached house, dating back to the 1920s, presents a compelling opportunity for those interested in a renovation project. Nestled in a desirable South West location, this property features a spacious rear garden and a traditional layout that has remained largely untouched since its construction. Inside, you will find a welcoming entrance hall leading to a bright sitting room with an attractive bay window, and a separate dining room, both boasting classic open fireplaces. The kitchen includes a convenient walk-in pantry, while upstairs there are three generously sized bedrooms and a first-floor bathroom. The property benefits from Economy 7 electric night storage heating and partial UPVC double glazing. Externally, there is ample space in the large rear garden for gardening enthusiasts or for potential extensions (subject to planning permission). Additional highlights include a conservatory, an outside WC, and an adjoining workshop/shed. Situated close to local amenities and just over a mile from the beach, this home is perfect for families or individuals looking to modernise an older property with significant potential.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Iona Avenue, 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
£1,427
Based on a loan of £300,000 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.

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