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Silver Street, Culmstock, Cullompton

South West

£375,000

Listed on 23/06/2026

Property Details

Bedrooms
N/A
Type
Bungalow
Area
1296 sqft

Description

This three-bedroom detached bungalow presents a noteworthy opportunity for those seeking to invest in a property with considerable potential. Being offered to the market for the first time, and with the benefit of no onward chain, this home is an ideal candidate for renovation tailored to individual preferences. Set on a generous plot of approximately 0.25 acres, the property boasts picturesque surroundings that will captivate from the moment you arrive.

Upon entering, you’ll find a layout designed for family living that offers ample space for personalization. The accommodation features three bedrooms, including a spacious master at the rear with extensive views over the fields, a second double bedroom at the front, and a third single room that could serve various uses. A welcoming lounge provides an inviting space to relax, while the dual-aspect dining room offers excellent potential for entertaining and social gatherings.

The kitchen, equipped with essential units but in need of some modernization, provides adequate space for essential appliances. The family bathroom contains classic fixtures but could benefit from contemporary upgrades. An inner hallway leads to practical utility and garage spaces—both offering further conversion options if desired.

The external grounds feature mainly laid lawn areas and a patio ideal for outdoor use; however, there is significant scope for landscaping and potential extensions (subject to planning permission). Given its overall condition and layout, this property stands as an excellent prospect for those looking to create a bespoke residence in a tranquil setting.

Investment Analysis

(EX15 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£289/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£430,246
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -11.2%
5 year growth: -0.5%
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

Silver Street, Culmstock, Cullompton
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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
£1,417
Based on a loan of £281,250 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.

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