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Tolleys, Crediton, Devon, EX17

South West

£275,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom property presents a promising canvas for those interested in renovation and investment. With ample opportunity to modernize and tailor the space to personal preferences, it invites creative vision. The bedrooms are generously sized, flooded with natural light and enjoying pleasant views, offering potential for customization or redesign. The living room is spacious and bright, creating an inviting environment for relaxation or entertaining. While the kitchen maintains a traditional design, it remains functional and in good condition, providing a solid foundation for updates that could introduce contemporary flair. The bathroom also holds potential; its tidy fixtures are well-maintained yet offer scope for modernization to align with current trends and personal style. Outside, the property features manageable front and rear gardens that can be transformed into more vibrant outdoor spaces, representing an additional area where value can be added. A driveway accommodates parking for two vehicles, enhancing convenience. Situated in proximity to the amenities of Crediton town center, residents will find shops, cafes, and essential services within easy reach. Excellent transport links facilitate access to Exeter and surrounding regions, while nearby countryside trails cater to outdoor enthusiasts. This property stands as a solid option not only as a comfortable home but also as a strategic investment opportunity with significant potential for enhancement through renovation efforts.

Investment Analysis

(EX17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 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

Tolleys, Crediton, Devon, EX17
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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
£1,007
Based on a loan of £206,250 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