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Cowley Bridge Road, Exeter

South West

£200,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1301 sqft

Description

This two-bedroom link-detached bungalow represents a significant opportunity for renovation and personalisation, set on a sizeable plot in a sought-after area. With no onward chain, it is ready for new owners to reimagine the space according to their tastes. The property features a gated driveway leading to a garage and an entrance hall that connects all main areas. Inside, you'll find two spacious double bedrooms, including one with an appealing bay window that adds character. The living room at the rear benefits from lovely countryside vistas, making it a bright and inviting space. The kitchen includes fitted units and opens directly to the backyard, while the family bathroom is functional but could benefit from modern updates. Outside, the expansive garden features both gravelled seating areas and a large lawn—ideal for outdoor activities or gardening projects. Notably, the substantial cellar below offers excellent storage and potential for creative use, pending necessary permissions. This property requires comprehensive updating throughout but promises remarkable possibilities for extension and improvement, allowing buyers to craft their ideal home.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -53.2% below area average per sq ft

-53.2%
Potential saving
This Property
£154/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £65,000
Target Value
£470,045
10% above area average per sq ft
Potential ROI
+77.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.7%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on EX4 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

Cowley Bridge Road, Exeter
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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
£756
Based on a loan of £150,000 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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