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Spindlebury, Cullompton, EX15

South West

£400,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
969 sqft

Description

This detached bungalow presents a compelling opportunity for investors or homeowners looking to add their personal touch. Located in a desirable cul-de-sac in Cullompton, the property is just a short distance from the town centre and essential amenities, making it both convenient and appealing. The interior layout includes a generous sitting room leading into a dining area, alongside a fitted kitchen with utility space that could benefit from modernizing. There are three bedrooms, including a principal suite with en-suite facilities, plus a family bathroom that also warrants updates. Outside, the property boasts ample driveway parking and a single garage, complemented by a spacious rear garden that offers privacy and potential for landscaping improvements or expansion. With no onward chain, this property is ripe for transformation and personalization to fully realize its potential in this sought-after location.

Investment Analysis

(EX15 area)

Above Market Value

This property is priced +35.6% above area average per sq ft

+35.6%
This Property
£413/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£324,567
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -4.0%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on EX15 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

Spindlebury, Cullompton, EX15
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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
£1,443
Based on a loan of £300,000 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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