3-bedroom bungalow · EX2 8XH
For saleListed 531 days
Opportunity summary
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About
A unique detached home on a substantial plot in a quiet cul-de-sac setting which has been significantly extended and improved. EPC: B.
Situation - Located in the sought-after residential area of Alphington on the southwest side of Exeter, St. Michaels Close is a peaceful and established cul-de-sac with minimal traffic.
The area is well-served by local amenities including shops, a post office, reputable schools, and excellent public transport links.
Its convenient location provides easy access to the A30, M5, A38 and Exeter city centre, while nearby green spaces and riverside walks offer an appealing lifestyle balance.
Exeter itself is a vibrant and well-connected city with mainline rail links to London, a renowned university, excellent schooling options, and a wide range of cultural, sporting, and leisure facilities.
Description - The property has been thoughtfully updated by the current owner and offers a superb balance of spacious living accommodation, energy-efficient upgrades, and extensive outside space.
A key feature is the modern electric heating system supplemented by 2 multifuel woodburning stoves and an array of solar panels and a Tesla Powerwall 2 13.5 KWh battery storage, which contribute to the property’s impressive EPC rating of B, which is highly unusual for a home of this age and type.
The property is offered to the market with no onward chain. Internally, the property provides three generous double bedrooms and two bathrooms, offering well-proportioned and flexible space.
Externally, the plot is particularly impressive, with a large detached double garage, multiple driveway parking areas, and beautifully arranged gardens.
Accommodation - The property is entered via a welcoming entrance hallway.
To the right is a convenient WC and a separate utility room, which offers a range of fitted units, space for white goods, and direct access to the outside.
From the hallway, you enter a spacious dining room with ample space for a large dining table and patio door that opens onto the rear terrace.
The dining room flows into the sitting room, which is set on a slightly lower level.
This bright and airy space features multiple glazed windows that fill the room with natural light and offer a lovely outlook over the garden, along with an attractive modern wood burning stove as a focal point.
Also accessed from the dining room is the kitchen, which is fitted with a range of modern units and generous worktop space.
The kitchen leads into a delightful breakfast and seating area with small wood burning stove, enhanced by large windows and additional patio doors opening directly to the patio area, terrace and garden.
At the far end of the property, a central hallway provides access to three double bedrooms, a large modern family bathroom, and an additional shower room.
Outside - The garden is one of the main highlights of this property, extending to approximately 0.3 acres and thoughtfully arranged into several distinct areas.
The majority of the space is laid to lawn, with well-positioned planting areas throughout.
Toward the end of the garden is a large, landscaped pond, complemented by a range of mature borders and shrubs.
Adjacent to the property is a patio area, ideal for al-fresco dining and outdoor entertaining.
The detached double garage offers excellent versatility, whether for vehicle storage, workshop use, or potential future conversion (subject to the necessary consents).
There is ample off-road parking for multiple vehicles across the wide driveway areas.
Services - Utilities: Mains electric, water, gas, telephone and broadband Drainage: Mains Heating: Electric central heating Tenure: Freehold EPC: B (83) Current Council Tax: E Standard, ultrafast and superfast broadband available.
EE, O2, Three and Vodafone mobile networks likely to be available (Ofcom). Directions - Drive south on Western Way towards Exe Bridges, then take the first exit onto the A377.
Continue down Alphington Road for approximately 2 miles. Take the left bend onto Church Road. Turn left onto Dawlish Road, followed by another immediate left onto St Michael's Close.
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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About St. Michaels Close, Alphington, Exeter
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