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Masey Road, Exmouth, Devon, EX8

South West

£350,000

Listed on 28/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1505 sqft

Description

This four-bedroom chalet bungalow presents a unique opportunity for those looking to invest in a property with significant potential for modernization and enhancement. Nestled in a desirable residential area, the home boasts spacious accommodation across two levels, featuring captivating views of the Exe Estuary. Entering through the porch, you are greeted by a central hallway that leads to an expansive living room filled with natural light, ideal for creating various layouts for relaxation or entertaining. Adjacent to the living space is a substantial conservatory that maximizes the breathtaking vistas and provides additional room for leisure or gatherings. On the ground floor, you'll find a practical kitchen with ample storage and countertop space along with two versatile rooms that can serve as bedrooms or be repurposed into a home office or extra reception areas depending on your needs. The family bathroom on this level adds to the convenience of everyday living. Upstairs, two generously sized bedrooms await, each equipped with built-in storage solutions, alongside a second bathroom which enhances functionality. The exterior features an expansive garden approximately 50 feet wide and 30 feet long, representing an inviting blank canvas for landscaping or outdoor entertainment tailored to personal preferences. A noteworthy aspect of this property is the fully paid air conditioning heat pump system, which serves as an efficient alternative to traditional heating methods, promoting considerable savings on energy costs—an appealing factor for budget-conscious buyers. In summary, this property offers immense value for those eager to personalize their living space within a well-regarded area of Exmouth.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£233/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£592,835
10% above area average per sq ft
Potential ROI
+48.2%
After renovation
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

Masey Road, Exmouth, Devon, EX8
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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
£1,249
Based on a loan of £262,500 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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