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Hele Road, Bradninch, Exeter EX5 4QX - Image 1
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Hele Road, Bradninch, Exeter EX5 4QX

South West

£190,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
710 sqft

Description

Nestled in a tranquil neighbourhood within the attractive Duchy town of Bradninch, this three-bedroom detached bungalow is a prime candidate for renovation, presenting an opportunity for buyers to enhance its value. The property is conveniently located just a short walk from local amenities, including a highly regarded primary school and transport links, making it suitable for families, retirees, or those seeking an investment project. With no onward chain, potential buyers can move forward without delay. Upon entering the home, you are greeted by an entrance hallway that provides access to the main living areas. The living room at the front of the house is spacious and bright, offering a comfortable space that can be updated with modern finishes. The rear of the property hosts a large kitchen/dining room with significant potential for reconfiguration or contemporary upgrades. Additionally, there’s a lean-to area that serves as a utility space with easy access to the garden, enhancing functionality. The accommodation features three generously sized double bedrooms that await personalisation and upgrading to meet today’s standards. A centrally positioned family bathroom offers further scope for modernization into an appealing modern suite. Sitting on a generous plot of land with both front and rear gardens, the outdoor space includes valuable features such as a shed, greenhouse, decking area, and pond—ideal for anyone looking to create an outdoor retreat or engaging in more extensive landscaping projects. This bungalow offers a multitude of possibilities for transformation in a welcoming Mid Devon community. Its flexible layout and substantial grounds make it an enticing prospective project for those keen on revitalising properties.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£268/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,355
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by +6.1% over the last 12 months
3 year growth: 0.1%
5 year growth: 12.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 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