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Riverside View, Ottery St Mary EX11 - Image 1
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Riverside View, Ottery St Mary EX11

South West

£185,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Terraced
Area
849 sqft

Description

This two-bedroom terraced house presents an exciting opportunity for those looking to invest in a property that requires modernisation. Nestled in the sought-after town of Ottery St Mary, the layout includes an entrance lobby, a lounge, and a kitchen/dining area fitted with basic wall and base units, offering a solid foundation for renovation. The first floor hosts two bedrooms alongside a bathroom that could be transformed into a contemporary space. Additionally, the house benefits from double-glazed windows, providing improved energy efficiency. The exterior features a gravel garden at the front and another gravelled area with shrubs along the path. A timber balcony at the rear leads down to a paved patio, offering potential for outdoor improvements. There is convenient access to two nearby parking spaces and a storage basement below the house, providing additional utility with adequate standing height. Ottery St Mary is rich in history and offers various local amenities including independent shops, schools such as The Kings School, and health services. It also boasts excellent transport links to major routes including the A30 and M5, making it accessible for commuting or travel to Exeter's international airport.

Investment Analysis

(EX11 area)

Below Market Value

This property is priced -38.8% below area average per sq ft

-38.8%
Potential saving
This Property
£218/sq ft
Area Average
£356/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£332,655
10% above area average per sq ft
Potential ROI
+47.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.4%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on EX11 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

Riverside View, Ottery St Mary EX11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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

Price History

-11.9% since listed
£185,000£5,000(-2.6%)
09/01/2026
Current price
£190,000£5,000(-2.6%)
10/08/2025
£195,000£5,000(-2.5%)
13/09/2024
£200,000£10,000(-4.8%)
07/05/2024
£210,000Initial listing
26/10/2023

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