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Poltimore, Exeter, EX4

South West

£475,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1130 sqft

Description

This spacious detached bungalow is set on a generous level plot in a sought-after village on the outskirts of Exeter. While it currently requires some modernisation, it presents an excellent opportunity for investors or home buyers looking to customize their living space. The property features three well-proportioned bedrooms, a reception hall, and a sizable lounge/dining area that can be enhanced with contemporary designs. The kitchen/breakfast room offers ample potential for reconfiguration to create a more open-plan living experience. Additionally, the roof space is insulated and part-boarded, providing possibilities for conversion into additional usable space with the proper planning permissions. Outside, there is a driveway accommodating two vehicles and an attached garage, while the expansive rear garden enjoys a south-facing aspect that would benefit from landscaping or further development. This property’s layout and location make it ideal for expansion or investment in renovations to maximize its value.

Investment Analysis

(EX4 area)

Above Market Value

This property is priced +25.5% above area average per sq ft

+25.5%
This Property
£420/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£416,343
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on EX4 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

Poltimore, Exeter, EX4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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.

Next Steps

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