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Salway Close, Cullompton, Devon

South West

£230,000

Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
715 sqft

Description

This three-bedroom residence presents an attractive opportunity for those seeking a property with ample scope for renovation and personalization. Located in Cullompton, this home is ideally situated near local schools, amenities, and beautiful countryside walks while benefiting from excellent transport links via the M5 motorway and nearby rail services. Upon entering, you'll find a spacious hallway leading to a bright living room enhanced by a large front-facing window that floods the space with natural light. The rear of the house features a kitchen/diner that offers generous storage space and direct access to the rear garden—a perfect setting for family gatherings or outdoor entertaining. On the upper floor, there are three bedrooms including a well-sized principal room, making it suitable for families or those needing extra space for remote work. The family bathroom comes equipped with a standard three-piece suite but may benefit from modernisation. The exterior comprises a manageable front garden and a rear garden featuring both patio and lawn areas, ripe for landscaping projects to create an appealing outdoor environment. An additional side space presents further potential for extension, subject to planning approvals. The property also includes convenient outdoor storage as well as a garage located in a nearby block. With an EPC rating of F, prospective buyers should be aware that energy-efficiency upgrades will be necessary to meet current rental standards, providing further opportunities to enhance property value through improvements. This well-structured home in an increasingly desirable area of Devon is positioned well for first-time buyers or investors looking to capitalize on its transformation potential.

Investment Analysis

(EX15 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£322/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£238,074
10% above area average per sq ft
Potential ROI
-10.2%
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
9%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -9.7%
5 year growth: -0.6%
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

Salway Close, Cullompton, Devon
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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
£821
Based on a loan of £172,500 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

Price History

-4.2% since listed
£230,000£10,000(-4.2%)
26/05/2026
Current price
£240,000Initial listing
12/05/2026

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