# 3 bedroom detached house for sale (EX8 4AE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 FREELANDS CLOSE, EXMOUTH, DEVON EX8 4AE |
| Price | £314,950 |
| Bedrooms | 3 |
| Last sold | £314,950 Nov 2013 |

## Description

**** **** UPVC double glazed front door with patterned glass giving access to:  

**RECEPTION** **HALL:** **** With wood laminate flooring, radiator, coved ceiling, smoke detector, useful under stairs recess with light, coat rack and UPVC double glazed window.  

**GROUND** **FLOOR** **CLOAKROOM/WC:** **** Fitted with a wash hand basin with tiled splash back, WC again with tiled splash back, UPVC double glazed internal window with patterned glass. 

**** **** Glazed panelled door to: 

**KITCHEN:** **11' 0" x 8' 8" (3.35m x 2.64m)** Fitted with a range of modern units with colour co-ordinated patterned working surfaces with inset stainless steel single drainer sink unit with mixer tap over, cupboards, drawer units and space for dishwasher beneath, inset four ring electric hob with extractor hood over and drawer units beneath, built in oven with cupboards above and below, matching range of eye level cupboards with concealed lighting beneath, wall mounted gas boiler for hot water and central heating, attractive tiled surrounds, space for upright fridge-freezer, part tongue and groove wall to dado rail height, coved ceiling, wood laminate flooring, serving hatch to dining room, UPVC double glazed window to front elevation, opening to: 

**UTILITY** **AREA:** **5' 0" x 4' 0" (1.52m x 1.22m)** With matching worktop with cupboards, drawer units and plumbing for automatic washing machine beneath, eye level cupboards over, wood laminate flooring, UPVC double glazed window with patterned glass with door to one side giving access to front garden.  

**'L'** **SHAPED** **LOUNGE** **AND** **SITTING** **ROOM:** **22' 0" x 14' 11" (6.71m x 4.55m)** narrowing to 9' 3" (2.82m). Overall measurement. A bright, spacious room comprising of: 

**LOUNGE** **AREA:** **14' 11" x 12' 3" (4.55m x 3.73m)** measurement into wall recess. With UPVC double glazed window overlooking the rear garden and UPVC double glazed double doors opening onto the rear garden, attractive wooden fire surround housing living flame coal effect electric fire standing on hearth with matching inset, wall recess fitted with shelving, coved ceiling, television point, telephone point.  

**SITTING** **ROOM:** **9' 11" x 9' 3" (3.02m x 2.82m)** With UPVC double glazed window overlooking the side garden, with radiator and coved ceiling.  

**** **** From the sitting room, door to: 

**DINING** **ROOM:** **15' 9" x 10' 11" (4.8m x 3.33m)** A bright triple aspect room with UPVC double glazed windows to front, rear and side elevations, radiator, coved ceiling, telephone point.  

**** **** From the reception hall, a turning staircase rises to: 

**FIRST** **FLOOR** **GALLERY** **STYLE** **LANDING:** **** With UPVC double glazed window to side elevation, access via loft ladder to roof space, coved ceiling, timer control for hot water and central heating, airing cupboard with water cylinder and slatted shelving.  

**BEDROOM** **ONE:** **15' 6" x 12' 0" (4.72m x 3.66m)** A fine dual aspect master bedroom with UPVC double glazed windows to side and rear elevations, television point, radiator, built in wardrobe with clothes hanging rail and shelf over, coved ceiling.  

**BEDROOM** **TWO:** **15' 0" x 9' 11" (4.57m x 3.02m)** A bright dual aspect room with UPVC double glazed windows to the front and side elevations, radiator, coved ceiling, built in wardrobe with clothes hanging rail and shelving.  

**BEDROOM** **THREE:** **9' 3" x 9' 0" (2.82m x 2.74m)** With UPVC double glazed window to side elevation, radiator, built in wardrobe with clothes hanging rail and slatted shelving over.  

**BATHROOM/WC:** **** Fitted with a modern suite comprising bath with shower unit over, folding shower splash screen, pedestal wash hand basin, WC with dual push button flush, radiator, UPVC double glazed window with patterned glass, attractive extensively tiled walls, radiator, shaver socket.  

**OUTSIDE:** **** The property is located in a highly sought after cul-de-sac off of Drakes Avenue, and is approached via a brick pillared entrance to a good size driveway providing off road parking for numerous cars leading to a: 

**SINGLE** **GARAGE:** **** With courtesy lighting over, up and over door, power and light connected.  

**** **** The front garden is laid to lawn with large flower and shrubs, outside cold water tap. Wrought iron gate between the single garage and the house gives access to the rear garden which is extensively laid to lawn, again with large well stocked flower and shrub beds and patio area. The lawned garden extends around to the side of the property with raised concrete sun terrace, further flower beds and gives access back around to the front of the property.  

## Property Photos

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## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 FREELANDS CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4AE | £314,950 | 15/11/2013 | Detached |
| 12 FREELANDS CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4AE | £138,000 | 24/02/2000 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB | £817,000 | 30/10/2025 | Detached |
| 12 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX | £399,950 | 30/08/2023 | Detached |
| 33 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £425,000 | 04/07/2023 | Detached |
| [Same street] 7 FREELANDS CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4AE | £420,000 | 28/04/2023 | Detached |
| 117 BRADHAM LANE, EXMOUTH, EAST DEVON, DEVON, EX8 4AJ | £490,000 | 20/12/2022 | Detached |
| 45 MASEY ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AR | £290,000 | 20/12/2022 | Detached |
| 31 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £575,000 | 16/12/2022 | Detached |
| 25 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £550,000 | 23/11/2022 | Detached |
| 29 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £530,000 | 23/11/2022 | Detached |
| 27 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £550,000 | 23/11/2022 | Detached |
| 34 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP | £270,000 | 08/11/2022 | Detached |
| 50 RICHMOND ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NA | £695,000 | 31/10/2022 | Detached |
| 42 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP | £232,000 | 28/10/2022 | Detached |
| 11 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB | £935,000 | 20/10/2022 | Detached |
| 2 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX | £407,773 | 21/07/2022 | Detached |
| 10 HOLLAND ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AT | £440,000 | 13/07/2022 | Detached |
| 23 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £615,000 | 01/07/2022 | Detached |
| 131 SALTERTON ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NP | £611,000 | 30/05/2022 | Detached |
| 21 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £590,000 | 27/05/2022 | Detached |
| 19 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £570,000 | 10/05/2022 | Detached |
| 17 AVONDALE ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NQ | £535,000 | 11/04/2022 | Detached |

**Street average:** £420,000 (1 sale)
**Area average:** £526,386 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £501,228 (36 Detached, EX8, 2024–2026)
- **Deviation:** -37.2%

## Rental Range

*ONS Price Index of Private Rents (East Devon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £873/mo
- **Realistic:** £970/mo
- **Optimistic:** £1,067/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Taunton & West Somerset (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £848/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Colleton Way, EX8 | £1,400/mo | 3 | 0.25 miles | OpenRent |
| 3 Bed Semi-Detached House, Forton Road, EX8 | £1,400/mo | 3 | 0.35 miles | OpenRent |
| 3 Bed Terraced House, Buckeridge Road, EX8 | £1,350/mo | 3 | 0.35 miles | OpenRent |
| 3 Bed Semi-Detached House, Hillcrest Gardens, EX8 | £2,500/mo | 3 | 0.4 miles | OpenRent |
| 3 Bed Semi-Detached House, Salterton Court, EX8 | £1,500/mo | 3 | 0.52 miles | OpenRent |
| 3 Bed Semi-Detached House, Marpool Hill, EX8 | £1,595/mo | 3 | 0.82 miles | OpenRent |
| 3 Bed Semi-Detached House, Spiders Lane, EX8 | £1,600/mo | 3 | 0.83 miles | OpenRent |

**Average rent: £1,621/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.48% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 5.7%
- **Cost-to-rent:** 17.5×
- **Monthly cashflow:** £85/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5%
- **10y growth:** 49.7%

## House Price Index (HM Land Registry)

*Official index for East Devon; Detached series; as of March 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 17.4%
- **10y growth (index):** 40.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)