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Greenway, Crediton, EX17

South West

£240,000

Listed on 22/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
829 sqft

Description

This semi-detached bungalow, positioned advantageously on Greenway, boasts expansive views and a private garden that opens onto open fields. It presents a unique opportunity for renovation and enhancement over time. With its solid structure and generous living spaces, the property offers a blank canvas for prospective owners to infuse their personal style and modernise as desired. The south-facing lounge provides a bright atmosphere overlooking the rear garden, while two spacious double bedrooms offer charming views of the surrounding area. The kitchen is equipped with fitted units, an electric hob and oven, and ample space for dining. A convenient porch connects the kitchen to the rear garden and leads to a single garage accessible via a sloped driveway suitable for two vehicles. The bathroom features a bath with a shower attachment set in an older blue suite that could use updating. Notably, the gas heating system will require attention to ensure comfort during colder months. The gardens truly enhance this property's appeal; with well-maintained front lawns bordered by shrubs and trees, and a two-tiered rear garden featuring seating areas alongside expansive views over adjoining fields. This property is ideal for buyers seeking to undertake a project that will reveal its full potential in one of Crediton's desirable neighbourhoods.

Investment analysis

(EX17 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£290/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£272,293
10% above area average per sq ft
Potential ROI
-2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -11.2%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on EX17 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

Greenway, Crediton, EX17
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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.

Stamp duty calculator

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