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High Street, Honiton, Devon EX14 - Image 1
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High Street, Honiton, Devon EX14

South West

£325,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1377 sqft

Description

This well-established family residence, while cherished, presents an inviting canvas for renovation. The property's potential is significant, especially with its generous private garden and spacious driveway, making it an excellent investment opportunity for those looking to craft a modern family home. The ground floor layout features a hallway that connects the dining room to the kitchen and includes a large living room with patio doors that lead out to the expansive garden. Upstairs, you will find three bedrooms, one of which benefits from an en-suite bathroom, along with a family bathroom and loft access via a ladder. Located at the upper end of the High Street, this home offers convenient access to local amenities such as shops, cafés, and restaurants. Additionally, it's close to major transport links including train services and roadways like the A30 and M5, making trips to areas like the stunning Jurassic Coast just a short drive away. The sizeable rear garden spans 0.22 acres and features a patio area, outbuilding, garage, and ample parking space.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%
Potential saving
This Property
£236/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£491,444
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -1.9%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on EX14 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

High Street, Honiton, Devon EX14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE