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Chichester Close, Exmouth, Devon, EX8

South West

£495,000

Listed on 08/06/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1456 sqft

Description

Situated in a desirable residential cul-de-sac, this three/four-bedroom detached bungalow commands an elevated position with stunning views over Exmouth and the estuary. This property has been cherished by the same family since its construction in the 1970s and is now presented to the market with no onward chain. The home offers a blank canvas for those looking to invest in a renovation project, allowing buyers to modernize and customize the space to reflect their personal style and preferences. The layout is spacious and versatile, suitable for various living arrangements. Additionally, the large plot and existing structure afford possibilities for reconfiguration or extensions, pending necessary approvals. A notable feature is the integral garage that provides valuable additional storage or workshop potential, which could be transformed further. With ample off-road parking suitable for several vehicles, including space for caravans or boats, this property is well-suited for families or those who entertain guests. The elevated location enhances its appealing outlook, showcasing panoramic vistas of Exmouth town and the scenic countryside beyond. Conveniently located near local amenities such as shops and healthcare facilities, residents will also benefit from proximity to Exmouth's vibrant town centre offering extensive leisure and dining options. The area’s reputable educational institutions enhance its appeal to families. Regular public transport connections facilitate easy access to local attractions including beaches and nature reserves, making this a compelling opportunity for those seeking a renovation project in an attractive coastal setting.

Investment Analysis

(EX8 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£340/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£571,691
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX8)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -4.2%
5 year growth: +9.6%
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

Chichester Close, Exmouth, Devon, EX8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% 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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