# 4 bedroom semi-detached house for sale (EX3 0FW) ## Property Details | Key | Value | |-----|-------| | Address | 2 VICTORIA MEAD, EXETER, TOPSHAM, DEVON EX3 0FW | | Price | £525,000 | | Bedrooms | 4 | | Bathrooms | 2 | | Council tax | D | | Last sold | £525,000 Aug 2025 | ## Description GUIDE PRICE £525,000-£550,000 Victoria Mead is conveniently located within the popular Apsham Grange development, within walking distance to Topsham Centre and train station, as well as offering easy access to the M5. The property is just over twelve months old and ready for immediate occupation with the almost a full 10 year warranty remaining. On entering, a generous entrance hall welcomes you into the property which offers a wonderful amount of natural light throughout. A spacious living room faces towards the front of the property, along with a useful cloakroom and ample storage. The rear of the property is occupied by a lovely, open plan kitchen/diner. The contemporary kitchen boasts ample worktop space and all integrated appliances including induction hob. The dining area is a great space to entertain, with patio doors leading into a beautifully presented, sunny rear garden which is mainly laid to lawn and offers a range of mature shrubs and plants. Upstairs you will find four bedrooms, the master bedroom is complete with built-in wardrobes and stylish en-suite, with a sleek family bathroom servicing the remaining three rooms. A driveway and garage are immediately next to the property with parking for at least two vehicles in tandem. Council Tax Band: D Tenure: Freehold ## Property Photos - ![Photo](/listings/photos/156801998/540951) - ![Photo](/listings/photos/156801998/540954) - ![Photo](/listings/photos/156801998/540956) - ![Photo](/listings/photos/156801998/540957) - ![Photo](/listings/photos/156801998/540958) - ![Photo](/listings/photos/156801998/540961) - ![Photo](/listings/photos/156801998/540962) - ![Photo](/listings/photos/156801998/540963) - ![Photo](/listings/photos/156801998/540964) - ![Photo](/listings/photos/156801998/540966) - ![Photo](/listings/photos/156801998/540970) - ![Photo](/listings/photos/156801998/540972) - ![Photo](/listings/photos/156801998/540976) - ![Photo](/listings/photos/156801998/540980) - ![Photo](/listings/photos/156801998/540983) ## Floorplans - ![Floorplan 1](/listings/photos/156801998/540986) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/156801998/540992) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 2 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £525,000 | 15/08/2025 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 1 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £500,000 | 12/12/2025 | Semi-detached | | 23 BEWICK AVENUE, TOPSHAM, EXETER, DEVON, EX3 0FF | £400,000 | 26/11/2025 | Semi-detached | | 26 NEWCOURT ROAD, TOPSHAM, EXETER, DEVON, EX3 0BT | £625,000 | 25/07/2023 | Semi-detached | | [Same street] 17 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £537,000 | 30/06/2023 | Semi-detached | | [Same street] 16 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £551,500 | 30/06/2023 | Semi-detached | | [Same street] 19 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £539,000 | 30/06/2023 | Semi-detached | | [Same street] 15 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £430,000 | 29/06/2023 | Terraced | | 25 BEWICK AVENUE, TOPSHAM, EXETER, DEVON, EX3 0FF | £510,000 | 28/06/2023 | Semi-detached | | [Same street] 14 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £425,000 | 27/06/2023 | Terraced | | [Same street] 13 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £430,000 | 27/06/2023 | Terraced | | [Same street] 7 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £550,000 | 21/06/2023 | Detached | | [Same street] 20 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £560,000 | 07/06/2023 | Semi-detached | | [Same street] 3 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £505,822 | 31/03/2023 | Semi-detached | | 77 NEWCOURT ROAD, TOPSHAM, EXETER, DEVON, EX3 0BU | £397,000 | 30/06/2022 | Semi-detached | | [Same street] 12 VICTORIA MEAD, TOPSHAM, EXETER, DEVON, EX3 0FW | £222,000 | 23/06/2022 | Other | | 19 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £415,000 | 13/05/2022 | Semi-detached | | 20 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £420,000 | 28/04/2022 | Semi-detached | | 7 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £406,000 | 08/04/2022 | Semi-detached | | 8 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £425,000 | 04/04/2022 | Semi-detached | | 1 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £425,000 | 11/02/2022 | Semi-detached | | 2 CARRICK MILL, TOPSHAM, EXETER, DEVON, EX3 0FQ | £446,500 | 27/01/2022 | Semi-detached | | 1 PLOVER CLOSE, TOPSHAM, EXETER, DEVON, EX3 0FJ | £385,000 | 23/09/2021 | Semi-detached | | 56 HIGHFIELD, TOPSHAM, EXETER, DEVON, EX3 0DA | £375,000 | 28/06/2021 | Semi-detached | | 77 NEWCOURT ROAD, TOPSHAM, EXETER, DEVON, EX3 0BU | £340,000 | 18/06/2021 | Semi-detached | **Street average:** £477,302 (11 sales) **Area average:** £428,423 (13 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £619,400 (5 Semi-detached, EX3, 2024–2026) - **Deviation:** -15.2% ## Rental Range *ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,108/mo - **Realistic:** £1,231/mo - **Optimistic:** £1,354/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Mid & East Devon (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,097/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 4 Bed Terraced House, Admiral Way, EX2 | £1,350/mo | 4 | 0.75 miles | OpenRent | **Average rent: £1,350/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.26% (weak for cashflow) - **Max investor price (0.8%):** £168,750 - **Target investor price (1%):** £135,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,350/mo).* - **Gross yield:** 3.1% - **Cost-to-rent:** 32.4× - **Monthly cashflow:** £-878/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -6.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 93.6% - **10y growth:** 90.6% ## House Price Index (HM Land Registry) *Official index for South West; Semi-detached series; as of March 2026.* - **1y growth (index):** 1.2% - **5y growth (index):** 16.4% - **10y growth (index):** 40.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)