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Silver Street, Culmstock, Cullompton EX15

South West

£375,000

Listed on 25/06/2026

Property details

Bedrooms
N/A
Type
Bungalow
Area
1296 sqft

Description

Introducing a three-bedroom detached bungalow that presents a unique opportunity for renovation and personalisation, now available for the first time with no onward chain. Nestled on a spacious plot of approximately 0.25 acres in the South West, this property offers significant potential for transformation into your dream home.

Upon entering, you are greeted by a design that prioritises family living and convenience. The accommodation comprises three bedrooms: a generously proportioned double to the rear, which benefits from ample natural light and scenic views, another well-sized double at the front overlooking the garden, and a single room ideal for various uses.

The lounge is bright and airy, perfect for relaxing while enjoying countryside vistas. Adjacent to it is a dual-aspect dining room that provides an excellent space for entertaining, complemented by a kitchen equipped with basic wall and base units but ready for modernising.

The family bathroom features traditional fixtures, including a sunken bath, which could be updated to enhance functionality. A useful utility room with additional plumbing adds practicality to daily living.

External features include two garages—one standard and one larger option—both equipped with power and lighting. These spaces can serve multiple purposes or be converted according to your needs. The well-maintained wraparound garden has low maintenance requirements but also possesses substantial potential for expansion or landscaping improvements (subject to planning permission).

This bungalow allows you to invest in transformative renovations tailored to your lifestyle—all while enjoying the tranquillity of its picturesque surroundings.

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Investment analysis

(EX15 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£289/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£430,246
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -11.2%
5 year growth: -0.5%
Investment Disclaimer: Analysis based on EX15 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

Silver Street, Culmstock, Cullompton EX15
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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
£1,417
Based on a loan of £281,250 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

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