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Pixie Lane, Braunton, Devon, EX33

South West

£375,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1390 sqft

Description

This bungalow presents an attractive opportunity for buyers seeking a project with potential for modernisation. The property boasts generous living spaces, including a welcoming entrance hall and a sizable lounge featuring a charming curved bay window and fireplace. The kitchen comes equipped with units and essential appliances, leading to a conservatory that enhances the dining experience. There are two double bedrooms, one benefiting from fitted storage, alongside a smaller bedroom suitable for use as an office or study. The family bathroom includes a four-piece suite, complemented by a separate WC. The outdoor space is particularly noteworthy, comprising large gardens both at the front and back of the property. The gated driveway allows parking for multiple vehicles and leads to a detached garage. The extensive rear garden is filled with mature shrubs and trees, offering ample room for further development—potentially adding value (subject to planning permissions). Notably, this property is offered with no onward chain, simplifying the buying process. However, potential purchasers should be aware of its non-traditional construction and the possibility of difficulty in securing mortgage financing; an independent survey is advisable.

Investment Analysis

(EX33 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£270/sq ft
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£607,854
10% above area average per sq ft
Potential ROI
+43.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX33)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -3.0%
5 year growth: +7.2%
Investment Disclaimer: Analysis based on EX33 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

Pixie Lane, Braunton, Devon, EX33
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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
£1,338
Based on a loan of £281,250 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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