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Topsham Road, Exeter

South West

£375,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1219 sqft

Description

Nestled in a serene residential neighborhood, this detached three-bedroom bungalow offers significant potential for renovation and customization. The property boasts a spacious layout across two levels, complemented by expansive gardens and private parking. A welcoming central hallway leads to a well-sized reception room that receives ample natural light through multiple windows, creating an inviting atmosphere with its classic fireplace. To the rear, the kitchen features a practical design with generous counter space, ideal for reimagining into a modern culinary hub that suits contemporary living. There's also a separate dining room that overlooks the garden, providing an elegant setting for meals and gatherings. A valuable feature of this home is the ground-floor bedroom, which can serve various purposes such as guest accommodation or a home office. This level also includes the family bathroom equipped with essential fixtures. The first floor comprises two spacious double bedrooms, both filled with natural light and offering lovely views. An additional WC adds convenience to this area. The outdoor space is particularly noteworthy; the expansive rear garden presents numerous possibilities—from landscaping projects to creating leisure spaces—making it ideal for families or those looking to enhance their outdoor living experience. Ample storage is available with two substantial sheds in the garden, while private off-road parking enhances accessibility and privacy. This property stands out as an exciting opportunity for buyers seeking either a tranquil family home or a renovation project with ample scope to add value in a desirable South West location.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -11.5% below area average per sq ft

-11.5%
Potential saving
This Property
£308/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£466,097
10% above area average per sq ft
Potential ROI
+9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -9.4%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on EX2 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 Road, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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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