2-bedroom bungalow · EX3 0AR
For saleReduced £30k (−3.6%) on 12 SepListed 44 days
Opportunity summary
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About
A very well presented detached 2 bedroom bungalow located in a quiet, private cul-de-sac in the heart of the conservation area with two reception rooms, an attractive modern kitchen and bathroom, driveway parking Situation Higher Shapter Close is a quiet no-through close, located at the top of Higher Shapter Street a charming road in the heart of old Topsham running off Strand.
Topsham is full of excellent facilities including a range of independent shops, quality restaurants, pubs, primary school, outdoor swimming pool, tennis courts, bowling green and a sailing club.
It is set on the River Exe and the town was historically world renowned for ship building in the medieval era.
Communications are excellent with the city centre of Exeter nearby and a railway station in Topsham.
Exeter boasts shopping, entertainment, restaurants, Exeter Chiefs Rugby Club and a well regarded university.
It is just over 2 hours by train to London and also has daily flights from Exeter to London City airport.
Accommodation Updated and extended by the current owner, this property offers beautifully presented and highly versatile accommodation, thoughtfully remodelled and improved to create a comfortable and contemporary home.
A welcoming entrance hall provides access to the principal rooms and includes useful built-in storage beneath the stairs.
The sitting room is an elegant and inviting space, centred around a wood-burning stove and enjoying a delightful south-facing bay window overlooking the gardens.
Double doors connect to the adjoining dining room, which offers flexibility as either a formal dining space or an additional ground-floor bedroom if required.
The kitchen/breakfast room forms the heart of the home and is fitted with a high-quality System 6 kitchen, incorporating an extensive range of storage units, generous work surfaces and integrated neff appliances.
A dual aspect allows for an abundance of natural light and there is direct access into the garden.
The ground floor is further served by a stylishly appointed family bathroom featuring a contemporary four-piece suite, together with a useful utility cupboard and to the rear is a superb triple-aspect reception room with French doors opening onto the garden, offering excellent versatility as a garden room, home office, snug or bedroom.
On the first floor is the main bedroom, an impressive room it features exposed beams, bespoke fitted wardrobes, a dedicated dressing area and a contemporary en-suite shower room, whilst dual-aspect windows enjoy attractive views over the surrounding gardens and mature trees.
Outside The property occupies a generous wrap-around plot within a quiet and established cul-de-sac, enjoying an exceptional degree of privacy afforded by mature trees, shrubs and well-established planting.
To the front, attractive planted borders frame the approach to the property, whilst a gravelled driveway provides off-road parking for up to three vehicles.
A detached single garage, located opposite the property, benefits from an electric roller door and power supply.
The gardens extend around the property and comprise areas of level lawn, raised flower beds, productive vegetable plots and a small orchard with fruit trees.
Two paved terraces provide ideal spaces for al fresco dining and entertaining, whilst the mature planting creates a peaceful and secluded setting throughout the seasons.
Positioned within the garden is a fully insulated garden room, constructed in 2021 and fitted with power, lighting and internet connectivity, making it ideally suited for home working, hobbies or additional recreational space.
A timber garden shed provides further practical storage.
Services Utilities: Mains gas and electricity Heating: Gas central heating Drainage: Mains Tenure: Freehold Located in a conservation area Standard, ultrafast and superfast broad band available.
EE, O2, Three and Vodafone mobile networks available (Ofcom). Current Council Tax band: E Directions What Three Words: ///cubs.token.keep
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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FAQ
About 4 Higher Shapter Close, Higher Shapter Close, Exeter
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