Helena Place, Exmouth, EX8
South West
£160,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
549 sqftFeatures
- Garden
- Parking
Description
This charming 19th-century terraced workers' cottage is nestled in the heart of Exmouth, presenting an exciting opportunity for those looking to undertake a renovation project. The property features both a front garden and a private rear courtyard, with permit parking available through East Devon District Council.
Internally, the ground floor comprises an entrance porch that leads into a spacious reception room, which benefits from both front and rear aspects and includes a gas fireplace. This area flows into a galley-style kitchen and a tiled bathroom equipped with a WC, wash basin, short bath, and overhead shower.
Upstairs, there are two well-proportioned double bedrooms. Offered for sale with no onward chain, this property has been priced with the necessary renovation and modernization in mind, providing a fantastic opportunity for buyers to create a home tailored to their own tastes while potentially adding significant value. This character property is an appealing prospect for those seeking a central location in Exmouth with ample potential.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £160,000, this cottage is offered at about £291/sq ft, around 18% below the local average—a strong entry-price opportunity for a buyer looking to create value. The 19th-century workers’ cottage has a spacious-looking reception room, two double bedrooms, a front garden and a private rear courtyard, with a central Exmouth setting adding to its appeal.
The project is a medium-scale modernisation: older finishes and worn carpets run through the visible rooms, the galley kitchen and bathroom are dated, and the courtyard would benefit from attention. The renovation range is £30,000–£55,000. At the midpoint, purchase plus works comes to £202,500, slightly above the implied current local-average value of £194,922; that is not a renovated GDV, so the opportunity depends on the finished result and buying well.
Key opportunities
- Modernise the galley kitchen and dated bathroom as part of a coherent interior refresh.
- Refresh the worn carpets and older finishes in the reception room and two bedrooms.
- Improve the rear courtyard’s paving and weathered wall finishes, while making use of the front garden.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£604
Based on a loan of £120,000 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.
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