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Holly Way, Cullompton, Devon, EX15

South West

£200,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
581 sqft

Description

This mid-link house, while requiring some modern updates, presents a solid opportunity for renovation and personalization. Situated in a well-established residential area, it offers comfortable living space and convenient access to local amenities and transport links. Located in a quiet cul-de-sac off Head Weir Road, this property has been maintained by the same owner since its construction. Its condition reflects years of care but now calls for enhancements like transitioning from gas heating to a central heating system, along with fresh décor and flooring upgrades. The home features an inviting front porch and a spacious conservatory at the rear, allowing for versatile use as a dining area or playroom. The upstairs layout includes one double bedroom and a single room, complemented by a shower room equipped with a large shower cubicle. Outside, the property boasts a small lawn area at the front and comes with its own designated parking space. The enclosed rear garden enjoys a favorable south-western aspect, perfect for evening sunshine. This low-maintenance outdoor space is paved and gravelled, featuring a powered shed that has been utilized as a utility room, enhancing its functional appeal. Cullompton’s town center is within walking distance, providing access to various shops such as an award-winning butcher, supermarkets including Tesco and Aldi, as well as cozy cafés like 'The Bakehouse' and 'The Lime Tree'. The community is well-served by educational institutions from primary schools to Cullompton Community College. Essential services such as healthcare facilities, libraries, sports clubs, and recreational areas are also conveniently nearby. Commuters will appreciate the quick access to Exeter via Junction 28 of the M5 or the B3181 route through Broadclyst. Regular bus services run through the town while rail links can be accessed at Tiverton Parkway or Honiton stations for travel to London Paddington and Waterloo. With easy connections to larger cities like Exeter (approximately 14 miles away), Taunton (23 miles), Tiverton (7 miles), and Honiton (11 miles), this property not only serves as a residence but also represents a potentially lucrative investment in an evolving market. Please refer to the floor plan for detailed dimensions.

Investment Analysis

(EX15 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£344/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,053
10% above area average per sq ft
Potential ROI
-13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX15)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -1.7%
5 year growth: 10.4%
Investment Disclaimer: Analysis based on EX15 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

Holly Way, Cullompton, Devon, EX15
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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
£733
Based on a loan of £150,000 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