Worst House on the Street Logo
Golden Joy, Crediton EX17 - Image 1
Golden Joy, Crediton EX17 - Image 2
Golden Joy, Crediton EX17 - Image 3

Golden Joy, Crediton EX17

South West

£328,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1391 sqft

Description

This semi-detached bungalow presents a unique opportunity for those looking to invest in a property with significant potential for enhancement. Nestled in a serene setting, the home features three generous bedrooms, ideal for relaxation or accommodating guests. The inclusion of a modern shower room lends an element of convenience to daily living. The spacious lounge diner creates an inviting atmosphere, perfect for both entertaining and unwinding after busy days. Additionally, the kitchen offers practical space with both a side entrance and separate WC. A notable feature of this property is the two attic rooms that could be transformed into functional spaces such as an office, hobby area, or extra bedrooms, subject to obtaining planning permission. This flexibility allows for personalized adjustments tailored to your lifestyle. For energy efficiency and comfort throughout the year, the bungalow benefits from uPVC double glazing and mains gas central heating. The garage is equipped with light and power and provides direct access to the garden while accommodating three vehicles on the long driveway. Convenient public transport options enhance accessibility to local amenities. The exterior showcases well-maintained gardens that foster tranquility and scenic views, with areas suitable for gardening or relaxation. A newly added seating area at the rear enhances the outdoor experience. With the vibrant market town of Crediton nearby, rich in independent shops, eateries, and cultural activities, this property not only offers a comfortable living space but also serves as an excellent investment opportunity for future improvements.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -22.5% below area average per sq ft

-22.5%
Potential saving
This Property
£236/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£465,303
10% above area average per sq ft
Potential ROI
+26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -10.6%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on EX17 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

Golden Joy, Crediton EX17
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,183
Based on a loan of £246,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates