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Helena Place, Exmouth, EX8

South West

£160,000

Listed on 02/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
549 sqft

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.

52out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This charming 19th-century workers' cottage in Exmouth presents an intriguing opportunity for those looking to acquire and renovate a character property. Priced at £160,000, the asking price is notably cheap at £291/sqf compared to the local average of £355/sqf, offering a solid entry point for buyers willing to invest in improvements. While the interior shows general wear and tear, with dated carpets, walls, and kitchen fittings, this provides a canvas for a creative buyer to modernize the space and potentially increase its value.

However, the economics of this project appear tight, with all-in costs estimated at £220,000 against local benchmarks. This means that while the purchase price is attractive, the renovation budget should be carefully managed to ensure a profitable outcome. With moderate project scale, the property offers both front and rear outdoor spaces, adding to its appeal. Overall, this cottage is a promising option for buyers seeking a renovation project in a desirable location.

Key opportunities

  • The affordable asking price offers a strong entry point for renovation.
  • The property has scope for modernizing dated interiors, including the kitchen and bathroom.
  • Outdoor spaces provide additional potential for enhancement and outdoor living.

Key risks

  • All-in renovation costs look tight against local benchmarks, requiring careful budget management.
  • General wear and tear observed throughout may indicate a need for comprehensive updates.

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Map

Location

Helena Place, Exmouth, EX8
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

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.

Tax

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Indicative tax based on the asking price and the options you select.

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