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Newlands Park, Seaton EX12

South West

£280,000

Listed on 27/04/2026

Property details

Bedrooms
3
Type
Bungalow
Area
870 sqft

Description

Located on a sought-after residential road, this detached bungalow offers a wealth of potential for those looking to invest in a property requiring restoration. Set on a corner plot with well-established gardens, this home is ripe for extension opportunities, subject to obtaining the necessary planning permissions. The accommodation currently features three generous double bedrooms, including one that has been converted from a garage, alongside a sitting room, kitchen, and bathroom. While the property is equipped with older double glazing and gas central heating (currently disconnected), it will necessitate assessment and likely upgrades to bring them up to modern standards. There’s also a spacious attic that could be transformed into additional living space. With vacant possession and no onward chain, this presents an excellent chance for buyers to customize their future home according to their own specifications.

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Investment analysis

(EX12 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£322/sq ft
Area Average
£353/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£337,821
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX12)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -0.2%
5 year growth: +0.6%
Investment Disclaimer: Analysis based on EX12 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

Newlands Park, Seaton EX12
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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
£1,058
Based on a loan of £210,000 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

Next Steps

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