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Topsham

South West

£350,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
959 sqft

Description

Nestled in a serene corner of Pound Lane, this property provides easy access to the charming town of Topsham. Upon entering, you are greeted by a practical porch that leads to a spacious reception area, enhanced by a substantial bay window that brings in ample natural light. The open-plan design connects the reception room with the kitchen, offering a sociable atmosphere with excellent potential for modern updates. A door from the kitchen leads to the south-facing rear garden, promoting a seamless indoor-outdoor lifestyle.<br><br>On the first floor, you'll find three generously sized bedrooms, each with fitted wardrobes for added convenience. The family bathroom and separate WC await modernization, presenting an opportunity for personalization and reconfiguration. Although the property requires comprehensive updating throughout, it serves as an exciting canvas for prospective buyers eager to inject their style and preferences into their new home. With its attractive setting and nearby garage just moments away, this residence boasts significant investment potential in a highly desirable location.<br><br>Pound Lane is situated in Topsham, known for its harmonious blend of history, community spirit, and local amenities such as independent shops and waterfront dining along the River Exe. Families and professionals are drawn to this area due to reputable schools and various outdoor activities including scenic walks and sailing.<br><br>Commuters will appreciate Topsham's railway station with connections to Exeter and beyond, while Exeter city center is merely a short drive away offering an expansive range of shopping and cultural experiences. The proximity to both the M5 motorway and Exeter International Airport further enhances this location's appeal for those seeking convenience alongside tranquility.

Investment Analysis

(EX3 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£365/sq ft
Area Average
£468/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£494,168
10% above area average per sq ft
Potential ROI
+20.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EX3)

Area prices are falling by -21.7% over the last 12 months
3 year growth: -11.5%
5 year growth: -4.4%
Investment Disclaimer: Analysis based on EX3 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

Topsham
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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
£1,262
Based on a loan of £262,500 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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