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Exeter Road, Cullompton

South West

£142,500

Listed on 14/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
882 sqft

Description

This charming period cottage presents a unique opportunity for those looking to create their ideal home in a convenient location. With three bedrooms and a comfortable layout, the property is ready for updates, allowing you to personalize each space over time. The living areas are spacious and inviting, perfect for family life or entertaining friends. The kitchen offers a functional layout, while the bathroom is equipped for everyday needs. Outside, you will find a parking space and an enclosed garden area, ideal for enjoying outdoor activities or relaxing in the sun. The property is situated close to local amenities, including supermarkets and bus services to Exeter, making it easy to access everything you need. No onward chain means you can move quickly, and with mains electricity, gas, water, and drainage services available, the essentials are covered. This property is mortgageable, but it's advisable for potential buyers to consult with their lender regarding the construction type. With its potential for renovation and its prime location near Cullompton's town centre, this cottage is an excellent choice for first-time buyers or investors looking to add value.

WHOTS analysis

Our WHOTS verdict

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

76out of 100
Grade BGood opportunity

Confidence: MEDIUM

This semi-detached period town cottage presents a solid opportunity for those looking to invest in a property with potential. The asking price of £142,500 is notably cheap at £162/sqf, which is 46.4% below the local average of £302/sqf. This affordability makes it an attractive option for buyers eager to acquire a home that they can update and personalize over time.

While the property is dated and shows signs of wear throughout, it offers spacious accommodation, including a functional kitchen and basic bathroom fittings in need of modernization. With a medium renovation scale estimated between £40,000 and £80,000, prospective buyers can envision transforming the living areas, bedrooms, and garden into their ideal living space. The presence of a parking space and a garden area adds further appeal, making it a suitable choice for families or those seeking outdoor space. The added benefit of no onward chain simplifies the purchasing process, enhancing its attractiveness as a project.

Overall, this cottage is a promising option for those looking to create value through renovation, situated conveniently close to local amenities and transport links.

Key opportunities

  • Affordable entry point with significant renovation potential
  • Spacious accommodation that can be updated room by room
  • Enclosed garden area and parking space enhance the property's appeal

Key risks

  • Visible wear and dated decor throughout may deter some buyers
  • Exterior shows signs of wear; render issues noted
  • Dated kitchen and bathroom require updates

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Map

Location

Exeter Road, Cullompton
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£538
Based on a loan of £106,875 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

Stamp duty calculator

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

Services

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