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Raleigh Road, Budleigh Salterton, EX9

South West

£695,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1238 sqft

Description

This detached house presents an exciting opportunity for transformation and expansion, tucked away in a peaceful and picturesque setting within one of Budleigh Salterton's sought-after neighborhoods. The property boasts attractive views from the upper level across the Otter Valley and surrounding countryside, with the scenic Otter estuary and beach just a short stroll away. Set on a spacious corner plot, the outdoor area features well-maintained gardens predominantly laid to lawn with diverse mature trees and shrubs. A generous front driveway provides ample parking space and leads directly to an attached garage, which opens up potential for conversion into a self-contained annexe for additional income or as separate living quarters for relatives. While the home benefits from good structural integrity externally, it is anticipated that incoming buyers will seek to refresh its interiors. This property offers clear potential for extension (subject to planning permissions), making it ideal for those looking to invest in a project that can enhance both living space and value. The vibrant community of Budleigh Salterton offers numerous amenities such as cafes, shops, pubs, a beautiful pebbled beach, and rich cultural activities from literary festivals to local arts clubs. Outdoor enthusiasts will appreciate the proximity to numerous walking paths along the South West Coast Path as well as golf courses within reach. Additionally, the nearby town of Sidmouth provides further conveniences including supermarkets and health services. With excellent transport links available from Exeter, this property stands out not only for its immediate charm but also for its considerable potential.

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Investment analysis

(EX9 area)

Above Market Value

This property is priced +40.0% above area average per sq ft

+40.0%
This Property
£561/sq ft
Area Average
£401/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£546,082
10% above area average per sq ft
Potential ROI
-27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX9)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -1.8%
5 year growth: +17.8%
Investment Disclaimer: Analysis based on EX9 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

Raleigh Road, Budleigh Salterton, EX9
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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
£2,626
Based on a loan of £521,250 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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