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Golden Joy, Crediton, EX17

South West

£335,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1391 sqft

Description

This semi-detached bungalow presents an excellent opportunity for renovation and customization, situated in a tranquil setting with picturesque views and a well-maintained garden. Inside, the property features three generously sized bedrooms, providing room for relaxation or accommodating guests. The modern shower room enhances daily convenience, while the open-plan lounge diner offers a welcoming space for both entertaining and unwinding. The sizable kitchen is designed for practicality and includes a side entrance along with a separate WC. A standout feature of this home is the two attic rooms, which hold significant potential for development into functional spaces such as an office, hobby area, or additional bedroom—pending planning permission. With uPVC double glazing and mains gas central heating already installed, the property is set up to provide comfort year-round. The exterior boasts substantial parking options with a garage complete with power and lighting, plus a long driveway that accommodates multiple vehicles. Easy access to local bus services adds to its convenience. The gardens surrounding the property not only create a delightful outdoor escape but also allow for potential landscaping improvements that could further enhance the home's value. With features like a recent seating area overlooking the stunning views, this home combines charm with investment potential. Overall, this bungalow invites you to explore its possibilities and transform it into your ideal living space.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£241/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£464,232
10% above area average per sq ft
Potential ROI
+23.8%
After renovation
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

Golden Joy, Crediton, 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
£1,227
Based on a loan of £251,250 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