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Ide Lane, Alphington

South West

£650,000
Listed on 13/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This spacious five-bedroom detached bungalow presents a unique opportunity for renovation and investment in the sought-after village of Alphington, located on the southwest edge of Exeter. The property is set on an extensive plot that offers considerable potential for enhancement, making it an ideal candidate for those looking to add value or customize their living space. The interior features a versatile layout that includes a main entrance hall leading to a study that could easily serve as the fifth bedroom. The ground floor comprises two generously sized double bedrooms at the front, along with a third bedroom linked to the bathroom. A separate dining room with a fireplace flows into a large lounge, which benefits from abundant natural light through its double doors leading to the garden. The fitted kitchen includes essential storage and access to a utility room with an additional WC, facilitating daily family life. Upstairs, you'll find another spacious bedroom equipped with eaves storage and an ensuite bathroom, creating a private retreat within the home. Outside, the property is equally impressive. A gated driveway provides off-road parking alongside a small lawn adorned with mature shrubs. The expansive rear garden is particularly noteworthy; it boasts a large lawn bordered by trees and hedgerows for privacy, along with a sizable decked area perfect for outdoor entertaining. A covered hot tub area adds further appeal and will be included in the sale. Nestled in Alphington, this home enjoys proximity to local amenities such as shops, schools, and public transport links while being conveniently close to the heart of Exeter. With easy access to major roadways including the A30 and M5, this location offers both convenience and quality of life. This property represents not just a family home but also an exciting investment opportunity for those looking to capitalize on its renovation potential in a desirable area.

Investment Analysis

(EX2 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on EX2 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

Ide Lane, Alphington
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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
£2,381
Based on a loan of £487,500 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