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Golden Joy, Crediton EX17

South West

£335,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1391 sqft

Description

This semi-detached bungalow presents a unique opportunity for investment and personal customization within a picturesque garden setting. The property features three generously sized bedrooms, providing ample potential for family living or guest accommodations. A modern shower room enhances daily convenience, while the spacious lounge diner offers an inviting atmosphere ideal for both relaxation and entertaining. The kitchen is functional and stylish, complete with a convenient side entrance and a separate WC. Notably, the two attic rooms hold significant renovation potential, subject to planning permission, making them perfect candidates for conversion into a home office, playroom, or extra bedroom space tailored to your needs. With uPVC double glazing and mains gas central heating already in place, this home ensures comfort throughout the year. The garage is equipped with light and power along with an electric door system, providing versatile usage options. Additionally, the long driveway accommodates parking for up to three vehicles while local bus services facilitate easy commuting. The surrounding gardens are beautifully landscaped, offering various outdoor spaces to unwind or cultivate your green thumb. Whether enjoying the views from the front garden or relaxing in the side and rear enclosed gardens—complete with a newly added seating area—this tranquil environment fosters a sense of peace. This charming bungalow not only combines comfort and beauty but also represents an excellent renovation project that can truly be transformed into your dream home. Don’t miss out on this exceptional opportunity.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£241/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£464,232
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,227
Based on a loan of £251,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE