Parkside Drive, Exmouth, Devon
South West
£485,000
Listed on 27/09/2026
Listed on 27/09/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1575 sqftFeatures
- Balcony
- Garage
- Garden
- Parking
Description
A four-bedroom detached house with a split-level arrangement and no onward chain. Three bedrooms, each with built-in wardrobes, are on the ground floor alongside the family bathroom, utility room and access to the garage. Upstairs, the main sitting and dining room has windows on two aspects and opens onto a large balcony with views towards the sea. The kitchen and a separate WC are also on this level, together with a study or fourth bedroom.
Outside, the property has a lawned garden, driveway parking and a substantial garage. The house is described as needing modernisation, offering scope to update the interiors while retaining its existing layout and features. Local shops, schools and bus routes are nearby, with Exmouth town centre and seafront around two and a quarter miles away.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
63out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £485,000, this four-bedroom detached house is priced about 13% below the local average per square foot, making it an appealing opportunity to acquire a sizeable home at a relative discount. Its split-level layout puts the main living space upstairs to make the most of the sea views, with a large balcony, broad-windowed living and dining room, driveway and substantial garage adding to the appeal.
The dated finishes create a clear medium-scale improvement project: the kitchen and bathroom could be updated, while redecoration, flooring and garden clearance would refresh the house. The living-room ceiling staining and weathered balcony railings need checking. The renovation range is £35,000–£60,000; at the midpoint, the purchase plus works is £532,500, around 5% below the implied local average value, before fees and with no renovated resale value assumed. Overall, this is a C-grade potential opportunity with strong relative pricing and useful scope to add value, though the economics are moderate rather than compelling.
Key opportunities
- Refresh the dated kitchen, bathroom, flooring and decorative finishes as a coordinated medium-scale project.
- Make more of the split-level layout, generous upstairs living and dining space, and sea-view balcony.
- Clear and improve the lawned garden while making use of the driveway and substantial garage.
Key risks
- Investigate the cause and remedial scope of the living-room ceiling staining.
- Check the condition and repair needs of the weathered balcony railings.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,832
Based on a loan of £363,750 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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