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Retreat Road, Topsham, Exeter, Devon, EX3

South West

£450,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1018 sqft

Description

Situated in the popular estuary town of Topsham, this three-bedroom terraced home presents a noteworthy opportunity for buyers looking to invest or renovate. With the current owners having maintained the property for around 70 years, there is significant potential for modern updates and enhancements. This residence features three spacious bedrooms and a family bathroom, designed for comfortable living while offering flexibility for reconfiguration to suit your needs. The generous lounge and dining area create a welcoming environment for everyday life and entertaining guests. An extension at the rear leads to a garden area, which includes an external WC and provides access to a garage that can serve various purposes—be it storage, workshop space, or parking for bicycles and motorcycles. There’s also the possibility of adding off-road parking or a driveway at the back, pending necessary approvals. Street permit parking is available in front of the house as well. The location further enhances its appeal with a variety of local amenities within reach, including grocery stores, recreational facilities like Topsham Sports Ground, and easy access to transportation via Topsham Railway Station. Additionally, Exeter city center is only a few miles away, making it suitable for commuters. With recent improvements such as a newly installed Anglian front door, this property stands ready for its next chapter. Its prime location combined with ample living space creates exciting possibilities for transformation into a long-term family home or rental investment.

Investment Analysis

(EX3 area)

Below Market Value

This property is priced -6.9% below area average per sq ft

-6.9%
Potential saving
This Property
£442/sq ft
Area Average
£475/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£531,625
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX3)

Area prices are falling by -29.4% over the last 12 months
3 year growth: -17.0%
5 year growth: -11.1%
Investment Disclaimer: Analysis based on EX3 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

Retreat Road, Topsham, Exeter, Devon, EX3
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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
£1,700
Based on a loan of £337,500 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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