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Argus Close, Honiton EX14

South West

£160,000

Listed on 17/06/2026

Property details

Bedrooms
2
Type
End Terrace
Area
609 sqft

Description

This end of terrace two-bedroom home presents a promising opportunity for renovation and investment. The ground floor consists of a lounge and a kitchen/breakfast room, both awaiting modern updates to enhance their functionality and appeal. Upstairs, you'll find two spacious double bedrooms along with a bathroom that could benefit from refurbishment. The property also features an enclosed rear garden with pleasant views, perfect for creating an inviting outdoor space. Additionally, it includes the convenience of a single garage and driveway parking. An ideal project for those looking to add value and create their perfect living environment.

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Investment analysis

(EX14 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£263/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£220,431
10% above area average per sq ft
Potential ROI
+19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -11.5%
5 year growth: +1.0%
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

Argus Close, Honiton EX14
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Mortgage calculator

£
£
£
%
%
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.

Stamp duty calculator

Price History

-11.1% since listed
£160,000£20,000(-11.1%)
27/05/2026
Current price
£180,000Initial listing
01/04/2026

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