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Topsham, Devon

South West

£475,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
950 sqft

Description

This terraced house offers a unique opportunity for renovation and investment. Accessed via a low maintenance paved front garden, the entrance hall leads to a spacious 23ft sitting/dining room featuring a large bay window and a cozy gas fireplace. The dining area benefits from sliding patio doors that open into a sunroom, enhancing the living space. The ground floor also includes a well-equipped kitchen and a separate utility room, providing ample functionality. On the first floor, you will find two double bedrooms, both fitted with wardrobes, alongside a single bedroom and a shower room. Notably, the second bedroom boasts views of the River Exe, adding to the appeal of this property. The rear garden is level and primarily laid with artificial lawn, complemented by planters and a fruit cage. Additionally, there is direct side access to a large garage with an electric door, offering convenience and storage options. Topsham is renowned for its charming period cottages and modern homes, along with excellent amenities including shops, restaurants, and recreational facilities. The property is ideally located for easy access to local schools and transport links, making it a desirable location for families and commuters alike. With its rich history as an estuary port, Topsham presents a vibrant community atmosphere. This property is unregistered, and original conveyancing documents are available upon request. Residents parking is available in Topsham Zone T1.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

39out of 100
Grade ELow opportunity

Confidence: MEDIUM

This terraced house in Topsham presents a solid opportunity for renovation enthusiasts, though it comes with some caveats. Priced at £475,000, the asking figure translates to £500/sqf, which is slightly above the local average of £470/sqf. This pricing, combined with a refurbishment range of £40,000 to £80,000, brings the total investment to between £515,000 and £555,000. Compared to the implied local average value of £446,358, these all-in costs may leave you stretched against market benchmarks, highlighting a significant economic risk.

The home itself features dated interiors that require updating, making it a blank canvas for those looking to add value through renovations. The living areas and bedrooms show signs of age, and while the kitchen is functional, it too could benefit from modernization. The good location near amenities and the potential for value increase with renovations are strong positives. However, the unregistered status of the property may complicate the sale process, so it's worth considering this aspect as you assess your options.

Key opportunities

  • Dated interiors present a chance to modernize and increase property value.
  • Good location with amenities nearby enhances appeal.
  • Potential for a well-designed garden space with some landscaping.

Key risks

  • All-in costs, including purchase and renovation, are stretched compared to local benchmarks.

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Map

Location

Topsham, Devon
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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