2-bedroom bungalow · EX3 0AL
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Approached across a graveled front garden, a large entrance porch is the perfect place to offload with plenty of cloaks space.
To the left are two bedrooms, both with fitted furniture and the principal double bedroom has views over the rear garden.
A 15ft sitting room benefits from a sliding patio door, providing direct access to the garden.
To the front is a well-equipped kitchen with wall and base units, an electric oven and hob plus space for a washing machine, fridge and freezer.
Completing the accommodation, there are a number of storage cupboards plus a tiled shower room. To the rear is a West facing garden offering a good degree of privacy.
A patio area adjoins the bungalow with a low maintenance graveled area beyond. Situation Topsham remains a highly desirable estuary town of nationwide renown.
Its excellent amenities include individual shops, restaurants and a well-regarded Primary school along with churches and Topsham’s popular open-air swimming pool, rugby club, bowls club and sailing club.
Exeter Golf & Country Club is less than two miles distant.
There is a frequent bus service and a very useful train link to Exeter City centre which is just 4 miles away and Exmouth which is around 6.5 miles away.
The popular ‘Route 2’ bike path is a level, 16 mile route between Exmouth and Dawlish on the other side of the Exe Estuary.
Directions From the Topsham office, turn right and continue along Fore Street.
At the bottom, go straight over the roundabout into Monmouth Hill and continue to the top, turning left into Monmouth Street. Continue along for 50meters, turning left to ‘The Bungalows’.
Services: The vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity, water and drainage.
Telephone landline currently under contract, the sellers are unsure with whom. Broadband type not known. Estimated superfast 1800mb/s.
Mobile signal: Several networks currently showing as available at the property including O2, EE, Three and Vodafone.
Agents Note: The property sits within the Topsham Conservation Area and benefits from Residents Parking in Zone T1. The vendors advise that a right of way exists over the pathway leading to Nos.
2 and 4 The Bungalows, providing access to those properties. The majority of the pathway is understood to be owned by No. 3.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
FAQ
About 3 The Bungalows,, Monmouth Street, Topsham
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