Sold STC Bungalow

7 FREELANDS CLOSE

EXMOUTH, DEVON EX8 4AE

4 beds 2 baths 1,324 sq ft Listed 29 Jun 2022 (-1435d)

£375,000

Guide Price

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# 4 bedroom bungalow for sale (EX8 4AE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 7 FREELANDS CLOSE, EXMOUTH, DEVON EX8 4AE |
| Price | £375,000 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 123 m² |
| Last sold | £420,000 Apr 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Current heating cost:** £1,265/year
- **Est. upgrade cost to C:** £20,695

### Recommendations
- A2 (£850 - £1,500)
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- W2 (£4,000 - £6,000)
- E (£20)
- G (£350 - £450)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8212-4621-1040-0946-1226)

## Description

******GUIDE PRICE OF £375,000**

**A spacious bungalow in a sought-after and quite close, with views over Exmouth.  **Viewings are strictly by appointment only

**Summary of Property**** **A deceptively spacious bungalow set in private location with spacious gardens surrounding the property. The property will require some modernisation throughout but will make an amazing home, with some excellent views over Exmouth and the Estuary.

**Property Description **Internally The property offers a spacious and bright entrance hall with doors opening to all principle rooms. The kitchen is of a generous size with fitted kitchen and having ample countertop work surface and storage. A large window looks through to the spacious “lean-to” whilst a door leads in to the “lean-to”.

From the entrance hall a door opens to the superb sitting room, this is a spacious, bright and fabulous room with a large double-glazed window looking out to the rear of the property. A feature fireplace gives a focal point to the room, whilst there are large floor to ceiling windows with sliding doors leading out to a raised, private patio area.

A door to the rear of the sitting room opens to the dining room which is a generous sized room with doors leading out to the private and enclosed rear garden. From the dining room a further door opens to another room, a studio/bedroom with an ensuite shower room and its own private access leading out to the front of the property.

From the entrance hall there are two spacious double bedrooms and a single bedroom, whilst the family bathroom completes the internal accommodation.

**Gardens & Outside Spaces**

The property sits comfortably in its plot with a large brick paved driveway and detached garage. Gardens wrap around the property enjoying the days sunshine and a “pocket” views over Exmouth and the estuary.

**Owners Thoughts**

The owner has lived in the property for a long period and love everything about the space and gardens “The location of the home is perfect as it’s close to the shops and local bus route to the town”

**Lease & Service Charge Information**

Leasehold or Free Hold** ****|**** **Freehold

Length of Lease** ****|**** **N/A****

Service Charge** ****| **N/A****

Ground Rent** ****| **N/A ****

## Property Photos

- ![Front of the property](/listings/photos/124469828/599201) - Front of the property
- ![Estuary Views](/listings/photos/124469828/599205) - Estuary Views
- ![Birds-eye-view](/listings/photos/124469828/599207) - Birds-eye-view
- ![Driveway](/listings/photos/124469828/599209) - Driveway
- ![Sunny garden spaces](/listings/photos/124469828/599211) - Sunny garden spaces
- ![Garden & patio](/listings/photos/124469828/599213) - Garden & patio
- ![Garden](/listings/photos/124469828/599216) - Garden
- ![Kitchen](/listings/photos/124469828/599218) - Kitchen
- ![Sitting Room](/listings/photos/124469828/599220) - Sitting Room
- ![The Views](/listings/photos/124469828/599223) - The Views
- ![Copy of Rightmove Branded Picture Template](/listings/photos/124469828/599225) - Copy of Rightmove Branded Picture Template

## Floorplans

- ![Floorplan](/listings/photos/124469828/599226) - Floorplan

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 FREELANDS CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4AE | £420,000 | 28/04/2023 | 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 |
|---------|-------|------|------|
| 7 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB | £817,000 | 30/10/2025 | Detached |
| 12 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX | £399,950 | 30/08/2023 | Detached |
| 33 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £425,000 | 04/07/2023 | Detached |
| 45 MASEY ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AR | £290,000 | 20/12/2022 | Detached |
| 117 BRADHAM LANE, EXMOUTH, EAST DEVON, DEVON, EX8 4AJ | £490,000 | 20/12/2022 | Detached |
| 31 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £575,000 | 16/12/2022 | Detached |
| 25 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £550,000 | 23/11/2022 | Detached |
| 29 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £530,000 | 23/11/2022 | Detached |
| 27 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £550,000 | 23/11/2022 | Detached |
| 34 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP | £270,000 | 08/11/2022 | Detached |
| 42 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP | £232,000 | 28/10/2022 | Detached |
| 11 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB | £935,000 | 20/10/2022 | Detached |
| 2 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX | £407,773 | 21/07/2022 | Detached |
| 10 HOLLAND ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AT | £440,000 | 13/07/2022 | Detached |
| 23 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £615,000 | 01/07/2022 | Detached |
| 131 SALTERTON ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NP | £611,000 | 30/05/2022 | Detached |
| 21 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £590,000 | 27/05/2022 | Detached |
| 19 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA | £570,000 | 10/05/2022 | Detached |
| 17 AVONDALE ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NQ | £535,000 | 11/04/2022 | Detached |
| 55 BRADHAM LANE, EXMOUTH, EAST DEVON, DEVON, EX8 4AW | £280,000 | 21/03/2022 | Detached |

**Area average:** £505,636 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £501,549 (35 Detached, EX8, 2024–2026)
- **Deviation:** -25.2%

## Rental Range

*ONS Price Index of Private Rents (East Devon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £873/mo
- **Realistic:** £970/mo
- **Optimistic:** £1,067/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Taunton & West Somerset (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £997/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 Detached House, St Margaret's View, EX8 | £1,800/mo | 4 | 0.85 miles | OpenRent |
| 4 Bed Detached House, Hulham Road, EX8 | £1,800/mo | 4 | 0.85 miles | OpenRent |
| 4 Bed Terraced House, Lawn Road, EX8 | £1,525/mo | 4 | 0.86 miles | OpenRent |
| 4 Bed Terraced House, Woodville Road, EX8 | £1,550/mo | 4 | 1.07 miles | OpenRent |

**Average rent: £1,669/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £209,375
- **Target investor price (1%):** £167,500

*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 £1,675/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.7×
- **Monthly cashflow:** £6/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.1%

*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).*

## Price per Square Metre

- **£/m²:** £3,049/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -6.2%
- **10y growth:** 35.6%

## House Price Index (HM Land Registry)

*Official index for East Devon; Detached series; as of March 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 17.4%
- **10y growth (index):** 40.5%

## 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)

Front of the property Estuary Views Birds-eye-view Driveway Sunny garden spaces Garden & patio Garden Kitchen Sitting Room The Views Copy of Rightmove Branded Picture Template

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Property details

Tenure

FREEHOLD

Floor area

123 m²

EPC rating

Year built

England and Wales: 1950-1966

Last sold

£420,000 Apr 2023

Price per m²

£3,049/m²

Local average

£501,549 (-25.2%)

Deprivation

Decile 5 (15,650 of 33,755)

Street crime

93 incidents within 1 mile (Mar 2026)

Key features

Spacious Bungalow
Quite and Private Location
Three/four Bedrooms
Spacious Sitting room Looking out to the Private Gardens
Dining Room
Detached Garage & large Driveway
Close to shops and Bus Route

Additional details

Parking: Yes
Garden: Yes

Description

****GUIDE PRICE OF £375,000
A spacious bungalow in a sought-after and quite close, with views over Exmouth. Viewings are strictly by appointment only
Summary of Property A deceptively spacious bungalow set in private location with spacious gardens surrounding the property. The property will require some modernisation throughout but will make an amazing home, with some excellent views over Exmouth and the Estuary.
Property Description Internally The property offers a spacious and bright entrance hall with doors opening to all principle rooms. The kitchen is of a generous size with fitted kitchen and having ample countertop work surface and storage. A large window looks through to the spacious “lean-to” whilst a door leads in to the “lean-to”.
From the entrance hall a door opens to the superb sitting room, this is a spacious, bright and fabulous room with a large double-glazed window looking out to the rear of the property. A feature fireplace gives a focal point to the room, whilst there are large floor to ceiling windows with sliding doors leading out to a raised, private patio area.
A door to the rear of the sitting room opens to the dining room which is a generous sized room with doors leading out to the private and enclosed rear garden. From the dining room a further door opens to another room, a studio/bedroom with an ensuite shower room and its own private access leading out to the front of the property.
From the entrance hall there are two spacious double bedrooms and a single bedroom, whilst the family bathroom completes the internal accommodation.
Gardens & Outside Spaces
The property sits comfortably in its plot with a large brick paved driveway and detached garage. Gardens wrap around the property enjoying the days sunshine and a “pocket” views over Exmouth and the estuary.
Owners Thoughts
The owner has lived in the property for a long period and love everything about the space and gardens “The location of the home is perfect as it’s close to the shops and local bus route to the town”
Lease & Service Charge Information
Leasehold or Free Hold | Freehold
Length of Lease | N/A**
Service Charge **| N/A**
Ground Rent **| N/A ****

Listed by

Midlands, South West & Wales

Yopa Property Ltd

Reference: 124469828

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 26/09/2022

Current heating cost: £1,265/year

Potential heating cost: £737/year

Est. upgrade cost to C: £20,695

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Flat roof or sloping ceiling insulation (£850 - £1,500)
Cavity wall insulation (£500 - £1,500)
Floor insulation (suspended floor) (£800 - £1,200)
Floor insulation (solid floor) (£4,000 - £6,000)
Low energy lighting for all fixed outlets (£20)
Upgrade heating controls (£350 - £450)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Price history

Event	Date	Price	% change
Sold	28/04/2023 (3 years ago)	£420,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
7 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB	£817,000	30/10/2025	Detached
12 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX	£399,950	30/08/2023	Detached
33 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£425,000	04/07/2023	Detached
45 MASEY ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AR	£290,000	20/12/2022	Detached
117 BRADHAM LANE, EXMOUTH, EAST DEVON, DEVON, EX8 4AJ	£490,000	20/12/2022	Detached
31 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£575,000	16/12/2022	Detached
25 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£550,000	23/11/2022	Detached
29 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£530,000	23/11/2022	Detached
27 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£550,000	23/11/2022	Detached
34 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP	£270,000	08/11/2022	Detached
42 DENMARK ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AP	£232,000	28/10/2022	Detached
11 DRAKES AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AB	£935,000	20/10/2022	Detached
2 NEWLANDS AVENUE, EXMOUTH, EAST DEVON, DEVON, EX8 4AX	£407,773	21/07/2022	Detached
10 HOLLAND ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 4AT	£440,000	13/07/2022	Detached
23 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£615,000	01/07/2022	Detached
131 SALTERTON ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NP	£611,000	30/05/2022	Detached
21 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£590,000	27/05/2022	Detached
19 FLORA CLOSE, EXMOUTH, EAST DEVON, DEVON, EX8 4FA	£570,000	10/05/2022	Detached
17 AVONDALE ROAD, EXMOUTH, EAST DEVON, DEVON, EX8 2NQ	£535,000	11/04/2022	Detached
55 BRADHAM LANE, EXMOUTH, EAST DEVON, DEVON, EX8 4AW	£280,000	21/03/2022	Detached

Area average: £505,636 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -6.2%

10y growth 35.6%

House Price Index (HM Land Registry — official index, not sold-price averages): East Devon. Series: Detached. As of March 2026.

1y (index) 0.6%

5y (index) 17.4%

10y (index) 40.5%

Rental Range

Estimated market rent for East Devon. Low = conservative, Realistic = average, Optimistic = best case.

Low £873/mo

Realistic £970/mo

Optimistic £1,067/mo

Based on Local Authority from postcode lookup → East Devon.

LHA (30th percentile) floor for Taunton & West Somerset: £997/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View EX8 4AE

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Bradham Court	0.1 miles
Shop	Co-op Food	0.2 miles
Shop	Derek Adams Garage	0.3 miles
Train station	Exmouth	1.2 miles
Train station	Lympstone Village	2.3 miles
Hospital	Dawlish Community Hospital	5.0 miles
Hospital	Sidmouth Victoria Hospital	7.6 miles
University	Engineering Department University of Exeter	7.8 miles
University	St Luke's Campus	8.6 miles

Street-level crime

Category	Count
Violence and sexual offences	38
Criminal damage and arson	11
Public order	11
Anti-social behaviour	8
Other theft	7
Drugs	4
Burglary	3
Shoplifting	3
Bicycle theft	2
Robbery	2
Vehicle crime	2
Other crime	1
Theft from the person	1
Total incidents	93

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Marpool Primary School	Primary	0.2 miles	Inadequate — 5 Nov 2023
Withycombe Raleigh Church of England Primary School	Primary	0.4 miles	Good — 23 Jun 2024
Bassetts Farm Primary School	Primary	0.5 miles	Good — 14 Jul 2024
Littleham Church of England Primary School	Primary	0.7 miles	Inadequate — 12 Sep 2023
Exmouth Community College	Secondary	0.7 miles	Requires improvement — 24 Apr 2024

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 Detached House, St Margaret's View, EX8	£1,800/mo	4	0.85 miles	OpenRent
4 Bed Detached House, Hulham Road, EX8	£1,800/mo	4	0.85 miles	OpenRent
4 Bed Terraced House, Lawn Road, EX8	£1,525/mo	4	0.86 miles	OpenRent
4 Bed Terraced House, Woodville Road, EX8	£1,550/mo	4	1.07 miles	OpenRent

Average rent: £1,669/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%

Max investor price (0.8%) £209,375

Target investor price (1%) £167,500

Gross yield 5.4%

Cost-to-rent ratio 18.7×

Monthly cashflow £6/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 0.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).