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Shobrooke, Crediton

South West

£425,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1136 sqft

Description

This spacious detached bungalow is set against a backdrop of stunning countryside views and occupies a generous plot of 0.32 acres. Located in the tranquil village of Shobrooke, the property presents an excellent opportunity for modernization and customization to meet contemporary living standards. Although it requires updating, it boasts a recent air source heat pump, photovoltaic panels, and added insulation, providing a solid foundation for energy-efficient improvements. Comprising three bedrooms including two with built-in wardrobes, a generously sized kitchen/dining area with scenic rear views, and a family bathroom with separate WC, this bungalow offers ample space for both personal and family needs. Additionally, there is potential to extend the living area subject to obtaining the necessary planning permissions. Surrounding the home is an expansive garden that wraps around three sides of the property, offering privacy through mature hedging and trees. The driveway facilitates off-road parking alongside a link-detached garage. With its blank canvas nature, this property invites buyers to reimagine its interior and exterior spaces according to their vision. The proximity to Exeter (just 7 miles away) ensures easy access to urban amenities while enjoying a serene rural lifestyle.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +25.1% above area average per sq ft

+25.1%
This Property
£374/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£373,630
10% above area average per sq ft
Potential ROI
-21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -13.3%
5 year growth: +4.1%
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

Shobrooke, Crediton
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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
£1,606
Based on a loan of £318,750 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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