2-bedroom semi-detached house · EX13 5LW
Listing removedListed 472 days
Opportunity summary
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About
A well presented two bedroom semi detached bungalow with garage and westerly facing garden. Ideally positioned for Axminster town. No onward chain.
The Property - 23 Fosseway Close forms part of a small development of bungalows set just to the east of Axminster town centre.
The properties date from the 1970’s with this particular property having undergone various improvements in recent years.
The bungalow is welcomed to the market for the first time in ten years and since being purchase in 2015 there have been a number of improvements.
These include a remodelled kitchen, extensive replacement double glazed windows and doors, and a replacement gas fired boiler.
Since January 2026, the shower room has also been updated, along with new floor coverings and renewed facias.
The Accommodation - To the front of the bungalow is a spacious entrance porch which leads through to a pleasant sitting/dining room with ample space for a formal dining table.
The kitchen features a modern range of units with wooden work surfacing, fitted hob and cooker hood. There is also a useful larder cupboard.
Set off the inner hallway are two double bedrooms and shower room with shower enclosure and contemporary sanitary ware.
Outside - To the front of the property is a lawned area of garden with an established bay tree and a driveway leading to the garage.
Gated side pathway runs between the garage and bungalow to an enclosed rear garden. The garden provides a lovely private setting with patio seating area and mature shrubs.
Situation - Fosseway Close is a favoured residential area of mainly detached and semi detached properties, just a five minute walk from Axminster town centre.
Axminster is a country town on the eastern fringes of Devon, close to borders with Dorset and Somerset.
It offers a selection of shops including two supermarkets, schools, churches, health centre and cottage hospital.
It also plays host to Hugh Fearnley-Whittingstall's River Cottage HQ at the nearby Trinity Hill.
The beautiful Axe Valley reaches the sea at Seaton (6 miles) along the Jurassic Coastline and the famed resort of Lyme Regis is a similar distance. Exeter (M5) 24 miles, Taunton 20 miles.
Axminster has a mainline train station on the London Waterloo line and a vibrant market every Thursday in Trinity Square.
Directions - What3Words ///reporters.skyrocket.begun On foot, from our office in Trinity Square, turn left and proceed along Silver Street.
At its junction with South Street, cross the road, bear left, and turn immediately up Coombefield Lane.
At the end of the pedestrian lane turn left where the property can be found on your left hand side. Services - Mains electric, gas, water and drainage. Broadband : Superfast available.
Mobile Network Coverage : Likely outside. Limited inside. Source - Ofcom.org.uk Local Authority - East Devon Council, Tel : . Council Tax Band C.
Material Information - The property is at very low risk of flooding from surface water, rivers and sea.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 23, Fosseway Close, Axminster
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