3-bedroom bungalow · EX4 5DZ
For saleReduced £15k (−2.7%) on 11 SepListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a sought-after position along the prestigious Pennsylvania Road, this stunning freehold detached residence offers beautifully presented and versatile accommodation, complemented by attractive gardens, elevated views, extensive storage and generous parking.
Combining the charm of a bungalow-style layout with spacious living areas arranged over two levels, this exceptional home provides a superb opportunity for a wide range of buyers seeking a property in one of Exeter's most desirable residential locations.
The property immediately impresses upon arrival.
A beautifully maintained front garden creates a wonderful first impression, with mature trees elegantly outlining the approach to the home and providing a sense of privacy and tranquillity.
A charming bench offers the perfect spot to sit and enjoy the attractive surroundings, while a welcoming porch provides access into the property.
Inside, the home is both inviting and spacious, with accommodation designed to make the most of its elevated setting.
The lounge provides a comfortable and relaxing reception space, ideal for everyday living.
At the heart of the home is the truly stunning kitchen/diner, a generous and sociable space that has been designed with modern family life in mind.
Offering ample room for cooking, dining and gathering with family and friends, this impressive room is certain to become the focal point of the property.
The kitchen flows seamlessly into a beautiful conservatory which enjoys an abundance of natural light and provides a wonderful place to relax throughout the seasons.
From here, the elevated position of the property can be fully appreciated, with attractive views over the surrounding area creating a peaceful and picturesque backdrop.
The conservatory opens directly onto a raised patio terrace, perfectly positioned to take advantage of the outlook.
Whether enjoying a morning coffee, dining outdoors during the summer months or simply unwinding at the end of the day, this elevated space provides an idyllic setting from which to enjoy the property's surroundings.
The accommodation includes three well-proportioned bedrooms, offering flexibility for families, downsizers or those requiring home-working space.
The impressive principal bedroom is situated on the lower ground floor, creating a private retreat away from the main living accommodation.
This spacious room benefits from built-in storage and is further enhanced by its own en-suite bathroom.
Bedrooms two and three are located on the ground floor and are both served by the family bathroom.
Bedroom two benefits from built-in storage, while the third bedroom offers versatility for use as a guest room, nursery, study or hobby room depending on individual requirements.
Practicality is a key feature of this wonderful home.
A utility room located on the lower ground floor provides valuable additional space for laundry and household tasks, helping to keep the main living areas uncluttered.
Furthermore, the property benefits from an abundance of storage throughout, ensuring there is ample space for everyday household needs. Outside, the rear garden is a particular highlight.
Beautifully established and thoughtfully arranged, it offers a mixture of lawned and patio areas, creating the perfect balance.
The lawns provide plenty of room for children and pets to enjoy, while the patios offer excellent areas for outdoor seating and dining.
A garden shed provides useful external storage for tools and gardening equipment.
To the side of the property, ample off-street parking accommodates multiple vehicles with ease, making the home ideal for families and visiting guests alike.
In addition, a garage provides further parking, storage or workshop potential.
Offering a rare combination of attractive gardens, versatile living accommodation, elevated views and an enviable Pennsylvania Road location, this exceptional detached home represents a wonderful opportunity to acquire a property that is as practical as it is beautiful.
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
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FAQ
About 202, Pennsylvania Road, Devon
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