2-bedroom bungalow · EX15 1NJ
For saleReduced £25k (−7.7%) on 29 JulListed 144 days
Opportunity summary
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About
*Watch the Seddons Video Tour* A beautifully presented, detached bungalow, with pretty gardens, lying in a quiet cul de sac on the outskirts of Cullompton, with quick access to the motorway network, Honiton and mainline railway stations.
This fine detached bungalow is nicely tucked away in a small cul de sac on the established and popular small development of Culm Lea in Stoneyford, on the edge of Cullompton.
The living accommodation has been remodelled and refurbished by our client to provide a spacious and light, open-plan space with a contemporary kitchen, fitted in white with oak flooring, open through to the dining area with an island dining bar, towards the end of the living room.
A sliding patio door leads to the garden and gives plenty of natural light to the whole area.
From the hallway, there are two generous bedrooms, with the principal room having a useful double wardrobe and overlooking the pretty rear garden.
The shower room is fully tiled and fitted with a white suite with a good-sized shower cubicle.
Outside, the bungalow has an attractive approach with the front garden laid to lawn with established flowering shrubs with driveway parking to one side and leading to the garage, with a remote controlled, electric roller door.
A gate leads through to the fully enclosed rear garden, with a large patio, enjoying a southerly, sunny aspect with beautiful flower and shrub beds surrounding and areas of lawn.
The garden shed lies to the side and from the garden, there is also useful doorway access to the side of the garage. Services: Mains electricity, water, drainage and gas.
Council Tax: Band C Local Authority: Mid Devon District Council Tenure: Freehold Estate maintenance charge: Not applicable.
Culm Lea is ideally placed for commuting, with quick access to Exeter via Junction 28 of the M5 motorway or Honiton, via the A373 main road.
There are regular bus services through Cullompton and rail links at Tiverton Parkway and Honiton stations, to London Paddington (2 hours) and London Waterloo (circa 3 hours) respectively.
Behind the property, there is a popular walk through the river meadows, adjoining the River Culm.
Cullompton lies less than a mile away and has a range of shops, including ‘Veyseys’ an award-winning butcher's, Tesco, Aldi and Home Bargains supermarkets, and popular independent eateries including, The Lime Tree, Nosh, The Bakehouse and Alan's Fish & Chips.
Other amenities include a contemporary health centre, library, community centre, doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
The 'Megabus Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport.
Exeter c.14 miles Taunton c.23 miles Tiverton c.7 miles Tiverton Parkway Station c.6 miles Honiton c.10 miles
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.
Area
Agent & docs
FAQ
About 19, Culm Lea, Cullompton
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