Retreat Road, Topsham, Exeter, Devon, EX3
South West
£440,000
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1018 sqftFeatures
- Garage
- Garden
Description
This three-bedroom terraced house in Topsham has been in the same ownership for around 70 years and is now offered with scope for modernisation. The accommodation includes a spacious lounge and dining area, three bedrooms, a family bathroom and storage. An extension at the rear provides access to the garden, an external WC and the garage, which can also be used for storage or workshop space. The listing notes possible scope to create off-road parking at the rear, subject to the necessary consents; permit parking is available on street at the front. The front door has been recently installed by Anglian. Topsham station, local shops and services, the sports ground, pubs, cafés and restaurants are nearby, with Exeter city centre a few miles away. An AML check fee is payable by the buyer after an offer is accepted, and is non-refundable once the checks have been completed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
58out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This three-bedroom Topsham terrace has a usable layout and a clear light-refresh canvas: the kitchen and bathroom fittings, carpets and finishes look dated, while the furnished living spaces remain functional. The rear garden, garage and possible scope for off-road parking add practical appeal; any parking changes would depend on the necessary consents. Dark staining around a bay-window area is worth investigating before decorating.
At £440,000, it is priced at £432/sqf, 6.7% below the local average, which supports the value case. The overall score is still a weaker 58/100: the economics are tight against the implied current local average, so the project’s appeal rests more on the Topsham location and scope to improve the home than on a clear margin.
Key opportunities
- Refresh the dated kitchen, bathroom, flooring and finishes to give the usable living spaces a more contemporary feel.
- Make use of the rear garden, garage and extension for practical storage, hobbies or outdoor living.
- Explore whether rear off-road parking is feasible, subject to the necessary consents.
Key risks
- Dark staining around a bay-window area needs investigation before redecoration.
- Economics are tight against the implied current local average, leaving limited headroom in the numbers.
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Transport
Nearest stations
Topsham Rail Station
0.3 miles
Train · Topsham
Newcourt Rail Station
1.2 miles
Train · Countess Wear
Exton Rail Station
1.7 miles
Train · Exton
Digby & Sowton Rail Station
1.9 miles
Train · Digby
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,798
Based on a loan of £330,000 over 30 years at 5.13% 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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