2-bedroom bungalow · EX4 6HH
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a peaceful and established cul-de-sac within the highly desirable Pennsylvania area of Exeter, this well-presented two-bedroom bungalow offers a rare opportunity to acquire single-storey accommodation in one of the city's most sought-after residential locations.
Properties in Elmdon Close seldom come to the market, making this an exciting prospect for buyers seeking a home that combines a quiet setting, generous outside space and excellent potential for future enhancement.
The accommodation is both well-proportioned and practical, comprising two double bedrooms, a comfortable sitting room, a kitchen with a useful walk-in larder cupboard, and a modern shower room.
The layout is perfectly suited to those looking for convenient single-level living while still offering flexibility and space.
A standout feature of the property is the beautifully established rear garden.
Predominantly laid to lawn, the garden enjoys a wonderful sense of privacy and maturity, complemented by a patio area, colourful shrubs and a charming summer house, creating an ideal space for relaxing, entertaining or simply enjoying the outdoors.
An external storage cupboard adjacent to the rear door provides additional practical storage.
To the front, the property benefits from a further attractive garden with lawn and mature planting, together with a separate parcel of land located opposite the property, offering additional outdoor space and potential uses.
The loft room presents further appeal.
Mostly boarded, with a dormer window to the front elevation and housing the gas boiler, it offers excellent storage and, subject to the necessary planning permissions and building regulations, may provide potential for conversion into additional living accommodation.
The property also benefits from a driveway providing off-road parking for several vehicles, together with a garage offering further parking or storage options.
Location Elmdon Close is a small and quiet residential cul-de-sac in the ever-popular Pennsylvania district of Exeter.
Renowned for its attractive surroundings and strong community feel, Pennsylvania remains one of the city's most desirable residential areas.
The property is conveniently positioned for access to Exeter city centre, the University of Exeter's Streatham Campus, and a wide range of local amenities.
Exeter offers an excellent selection of shops, restaurants, cafés, leisure facilities and cultural attractions, while nearby parks, green spaces and walking routes provide ample opportunities to enjoy the outdoors.
Combining a sought-after location, generous gardens, ample parking, excellent storage and exciting scope for future improvement, this charming bungalow represents a rare opportunity in one of Exeter's most desirable residential areas.
Early viewing is strongly recommended to fully appreciate the setting, gardens and potential this exceptional home has to offer. EPC rating: D.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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FAQ
About 5, Elmdon Close, Exeter
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