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Hele Road, Bradninch, Exeter EX5 4QX

South West

£170,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Bungalow
Area
710 sqft

Description

Located in the tranquil residential neighbourhood of Bradninch, this three-bedroom detached bungalow offers a promising renovation project for those keen to enhance its value through modernisation. With no onward chain, this property is conveniently situated within walking distance to the local bus stop, reputable primary school, and various amenities—making it an appealing option for families, retirees, or investors alike. It is worth noting that the bungalow has non-standard timber frame construction and does not include allocated parking. The entrance hallway leads into a spacious living room filled with natural light, providing a comfortable setting for relaxation. At the back of the house is a sizeable kitchen/dining area with significant potential for reconfiguration or updates. Adjacent to this space is a lean-to/utility area that adds functionality and grants access to the rear garden. The layout comprises three generously sized double bedrooms that invite personalisation and redecoration opportunities. The centrally located family bathroom presents an ideal candidate for a contemporary upgrade, potentially transforming it into a stylish suite. Set on an ample plot, this property features front and rear gardens, with the latter showcasing additional elements such as a shed, greenhouse, decking area, and pond—opening avenues for outdoor enhancements or landscaping projects. Overall, this bungalow represents an exceptional prospect for buyers seeking a renovation venture within a sought-after Mid Devon community.

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Investment analysis

(EX5 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£239/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£260,464
10% above area average per sq ft
Potential ROI
+21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on EX5 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

Hele Road, Bradninch, Exeter EX5 4QX
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-10.5% since listed
£170,000£20,000(-10.5%)
26/06/2026
Current price
£190,000Initial listing
29/12/2025

Next Steps

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