Worst House on the Street Logo
Five Bridges, Cullompton - Image 1
Five Bridges, Cullompton - Image 2
Five Bridges, Cullompton - Image 3
Five Bridges, Cullompton - Image 4
Five Bridges, Cullompton - Image 5
Five Bridges, Cullompton - Image 6
Five Bridges, Cullompton - Image 7
Five Bridges, Cullompton - Image 8
Five Bridges, Cullompton - Image 9
Five Bridges, Cullompton - Image 10
Five Bridges, Cullompton - Image 11
Five Bridges, Cullompton - Image 12
Five Bridges, Cullompton - Image 13

Five Bridges, Cullompton

South West

£400,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
991 sqft

Description

This detached bungalow, constructed from 'Woolaway' materials, sits on an expansive 1.8-acre plot conveniently located near the M5. With its proximity to Junction 28 and just a short distance from Cullompton, this property is ripe for refurbishment or full redevelopment, pending necessary planning permissions. The existing layout includes two bedrooms, a bathroom, a lounge, and a kitchen, all of which could be modernized to enhance living space. Its elevated position offers pleasant views and the site presents an opportunity for further development given the generous land size. The local area boasts access to essential amenities including shops, schools, healthcare facilities, and dining options. Exeter lies only 12 miles away while Tiverton Parkway Station is just 5 miles distant. The property benefits from mains electricity and water services along with private drainage via a septic tank and oil-fired central heating. Broadband options are also available with potential for both standard and ultrafast connections. For those looking to invest in a property with substantial potential for enhancement or complete redevelopment, this bungalow offers an appealing canvas in a strategically located area.

Investment Analysis

(EX15 area)

Above Market Value

This property is priced +32.6% above area average per sq ft

+32.6%
This Property
£404/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£331,935
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

Five Bridges, Cullompton
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates