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Elmdon Close, Exeter EX4 6HH - Image 1
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Elmdon Close, Exeter EX4 6HH

South West

£395,000
Listed on 20/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
850 sqft

Description

Nestled in a tranquil cul-de-sac in the desirable Pennsylvania area of Exeter, this spacious two-bedroom detached bungalow offers appealing single-level living alongside a private garden, garage, and driveway parking. It stands as an excellent investment opportunity for those looking to modernise or extend, boasting a straightforward sales process with no onward chain. The adaptable layout is particularly suitable for various buyers including downsizers, young professionals, small families, and staff from the nearby University of Exeter. Upon entry, you'll find a welcoming hallway leading to generously proportioned rooms filled with natural light. The sitting room features dual-aspect windows, including a charming bay window that enhances its bright and inviting atmosphere — perfect for both daily relaxation and entertaining guests. The kitchen/dining area has ample work surfaces and storage options, along with two sets of windows and a door that provides easy access to the outdoor space, ideal for family activities or social gatherings. Two spacious double bedrooms are present; the main bedroom benefits from extensive fitted storage while the second overlooks the rear garden. A practical modern shower room complements a separate WC for added convenience. The exterior is equally impressive with a well-maintained front lawn and a private driveway leading to a powered garage. An enclosed rear garden offers privacy with its level lawn, patio areas, and mature planting—perfect for gardening enthusiasts or al fresco dining during warmer months. Importantly, this property has significant potential for improvement or reconfiguration (subject to planning permissions), as evidenced by similar renovations seen in neighbouring homes. This includes possible extensions into loft spaces or expansions at the rear or sides of the property. Located just over a mile from Exeter city centre, Elmdon Close provides excellent connectivity to local shops and amenities including supermarkets and parks. The area is especially attractive for families due to proximity to reputable schools and educational institutions such as Exeter College and the University of Exeter’s Streatham Campus. Transport links are strong with regular bus services nearby plus easy access to major roads connecting you to London Paddington via direct mainline services from Exeter St David's station. This attractive detached bungalow combines generous living spaces with development potential in one of Exeter's consistently sought-after neighbourhoods.

Investment Analysis

(EX4 area)

Above Market Value

This property is priced +38.7% above area average per sq ft

+38.7%
This Property
£465/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,178
10% above area average per sq ft
Potential ROI
-29.6%
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

Elmdon Close, Exeter EX4 6HH
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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
£1,425
Based on a loan of £296,250 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.

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