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Chichester Close, Exmouth, Devon EX8 - Image 1
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Chichester Close, Exmouth, Devon EX8

South West

£275,000
Listed on 26/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom bungalow offers significant renovation potential in a highly sought-after area. The property is set back from the street by a welcoming front garden and comes complete with a private driveway and garage, enhancing its appeal for those who value convenience. Inside, the layout is thoughtfully designed, featuring spacious rooms that provide a solid foundation for personalization. The kitchen includes ample countertop space and storage options, making it a practical area for culinary endeavors. The inviting lounge boasts a gas fireplace and sliding doors that lead to a bright conservatory—an ideal space for relaxing while enjoying views of the garden. This conservatory also provides easy access to the rear garden, which is primarily paved, allowing for low-maintenance outdoor living. Both bedrooms are generously sized doubles; the master bedroom includes built-in storage, maximizing usable space. A family shower room completes the internal layout. While the property could benefit from modern updates, it presents an excellent opportunity for buyers looking to invest in their vision of home design in an area known for its appeal. The bungalow's combination of location and features makes it a promising candidate for both immediate living or future investment opportunities. Additionally, with leased solar panels that can be transferred or purchased outright by new owners, energy efficiency can be further enhanced as renovations are made. Overall, this bungalow not only provides comfortable living but also serves as a blank canvas for those looking to create a personalized sanctuary in an attractive neighborhood.

Investment Analysis

(EX8 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£291
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Monthly Sales
26
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (EX8)

Area prices are falling by +2.6% over the last 12 months
3 year growth: 6.4%
5 year growth: 20.0%
Investment Disclaimer: Analysis based on EX8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Chichester Close, Exmouth, Devon EX8
Map showing location of Chichester Close, Exmouth, Devon EX8
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