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School Lane, Tedburn St. Mary, Exeter, Devon EX6 - Image 1
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School Lane, Tedburn St. Mary, Exeter, Devon EX6

South West

£250,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
732 sqft

Description

Nestled in the tranquil village of Tedburn St Mary, this semi-detached bungalow presents a valuable opportunity for renovation enthusiasts or investors aiming to transform a space into a personalized retreat. Situated just a short drive from Exeter, the property benefits from its peaceful surroundings while still offering easy access to urban amenities.

The bungalow features two bedrooms and an inviting layout that includes a cozy lounge and a conservatory, which opens up to a sizable rear garden; perfect for leisurely mornings or sunny afternoons. Although the property shows signs of requiring modern updates, it has been well-maintained over time and provides a solid foundation for those looking to inject their own style and preferences.

A private garage adds additional storage options or parking solutions, increasing the home's practicality. With its welcoming community atmosphere and scenic countryside, this property offers not just a home but a lifestyle choice for those wanting to slow down and relish rural living. Viewing is highly encouraged to truly grasp the potential this bungalow holds.

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£342/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£282,182
10% above area average per sq ft
Potential ROI
+0.8%
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
8%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -10.5%
5 year growth: +2.7%
Investment Disclaimer: Analysis based on EX6 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

School Lane, Tedburn St. Mary, Exeter, Devon EX6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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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