3-bedroom bungalow · EX17 1EN
For saleListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the Eastern end of the town, Blagdon Rise is a cul-de-sac in a great position.
Favoured by many for it’s far-reaching views without being too distant from amenities including the leisure centre, Lidl and Morrisons and public transport links, plus the town centre is a 10 minute walk and without any steep hills.
Built in the 1960’s, there’s a mix of houses and bungalows that have evolved over time.
This bungalow is at the top of the cul-de-sac with little passing traffic and the front faces south with views to the town and to the surrounding countryside too – the best of both worlds.
It’s got uPVC double glazing and mains gas central heating.
The property can be used as a bungalow with the kitchen, two of the bedrooms and bathroom on the ground floor, however, there is the original staircase to the first floor where the large landing and third bedroom can be found which really adds to the flexible arrangement depending on the buyer.
There’s certainly potential to create a fourth bedroom from the landing space (already a window in situ) plus there’s additional eaves storage up here too.
On the ground floor is a large entrance porch and hallway leading to the living room (with gas fire and lovely views), the kitchen/dining room overlooks the rear garden with a door out and has a useful built in breakfast bar.
As previously stated, the two bedrooms and bathroom complete the layout. Outside, the south facing front garden gives a nice buffer from the cul-de-sac road with lawn and planted beds.
There’s a gated driveway, with space for 1 vehicle in front of the adjoining garage with up and over door.
To the rear of the garage is a workshop/store which also gives pedestrian access to the garden plus there’s pathways to the side too.
It's a lovely position in the town and we love the flexibility with it being able to be used as a true bungalow but with the upstairs too giving more options and potential.
The property is being sold with no onward chain. Buyers' Compliance Fee Notice Please note that a compliance check fee of £25 (inc. VAT) per person is payable once your offer is accepted.
This non-refundable fee covers essential ID verification and anti-money laundering checks, as required by law.
Agents note: Some images may have been digitally enhanced or virtually staged to illustrate the home’s potential, including added twilight effects or lighting.
These are for guidance only and may not reflect the property’s current appearance or condition. Please see the floorplan for room sizes.
Current Council Tax: Band D – Mid Devon Approx Age: 1960’s Construction Notes: Standard Utilities: Mains electric, gas, water, telephone & broadband Drainage: Mains Heating: Gas fired central heating Listed: No Conservation Area: No Tenure: Freehold CREDITON is a vibrant market town with a bustling high street full of independent shops, eateries, and pubs.
In recent years a diverse arts scene has grown to include all manner of mediums, with the performing arts making use of the town’s market square where, in the summer months, a range of activities take place.
The market square is also home to the town’s twice-monthly farmer’s market. The town has an equally significant past.
It was originally the first Bishopric in Devon and the imposing Parish Church of The Holy Cross now stands where once stood Devon’s first Saxon cathedral (909-1050AD).
It is also the birthplace of Saint Boniface, one of the founding fathers of the Christian church in Europe.
Easily commutable to Exeter and with two primary schools, a secondary school with sixth form as well as a wide range of necessary amenities, it’s clear why the town is a firm favourite with locals and relocators alike.
DIRECTIONS For sat-nav use EX17 1EN and the What3Words address is ///recovery.disputes.equipping but if you want the traditional directions, please read on.
From Crediton High Street, head towards Exeter, passing the parish church on your left and bear left into East Street.
Proceed to the end and turn left onto Mill Street, follow the road and go straight over the mini-roundabout and then take the first left into Blagdon Close.
Bear right and up this hill and No 30 will be found at the top of the cul-de-sac on the right. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Blagdon Rise, Crediton, EX17
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