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Hele Road, Bradninch, Exeter EX5

South West

£170,000

Listed on 04/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
710 sqft

Description

Located in the tranquil residential area of Bradninch, this three-bedroom detached bungalow represents a significant renovation opportunity for those seeking to enhance its value. With no onward chain, the property is conveniently situated within walking distance to local amenities, a reputable primary school, and the village bus stop, making it an attractive choice for families, downsizers, or investors alike. It's important to note that this bungalow features a non-standard timber frame construction and lacks designated parking. Entering the property reveals an inviting entrance hallway that leads into a bright living room, creating a welcoming atmosphere. The rear of the bungalow hosts a spacious kitchen/dining area with considerable potential for redesign or updating. Adjacent to this is a lean-to utility room that offers extra storage and direct access to the back garden. The accommodation includes three sizable double bedrooms that await redecoration, as well as a centrally located family bathroom ripe for modernization into a contemporary space. Set on a generous plot with front and rear gardens, the outdoor area is particularly appealing, boasting features such as a shed, greenhouse, decking area, and pond—ideal for landscaping enthusiasts or outdoor gatherings. With its ample space and flexible layout set in a desirable village location, this bungalow is an excellent project opportunity within the friendly community of Mid Devon.

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Investment analysis

(EX5 area)

Below Market Value

This property is priced -28.5% below area average per sq ft

-28.5%
Potential saving
This Property
£239/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£261,362
10% above area average per sq ft
Potential ROI
+24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX5)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -2.3%
5 year growth: +6.3%
Investment Disclaimer: Analysis based on EX5 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

Hele Road, Bradninch, Exeter EX5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 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.

Stamp duty calculator

Price History

-10.5% since listed
£170,000£20,000(-10.5%)
03/07/2026
Current price
£190,000Initial listing
15/12/2025

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