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Mountain Close, Exmouth, EX8

South West

£200,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Maisonette
Area
595 sqft

Description

Nestled in a peaceful cul-de-sac, this two-bedroom maisonette offers a fantastic opportunity for those looking to invest in a property with potential. While the home necessitates some modernisation, it presents well-proportioned living spaces and includes both a private balcony and an adjoining parcel of land, which could be utilised for various future enhancements, pending necessary approvals. The accommodation features a welcoming lounge and a fitted kitchen that allows for personal updates, making it ideal for first-time buyers or investors seeking to add value. Upstairs are two sizeable bedrooms and a family bathroom, creating a functional living arrangement. The added outdoor space is especially noteworthy, providing an appealing seating area as well as potential for further development. Located conveniently near Exmouth town centre and its amenities, this property represents an exciting blank canvas ready to be tailored to your individual style and needs.

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Investment analysis

(EX8 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£336/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£232,380
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX8)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -4.0%
5 year growth: +10.1%
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

Mountain Close, Exmouth, 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
£756
Based on a loan of £150,000 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

Next Steps

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