# 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
- **Expiry date:** 25/09/2032
- **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 |
| 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 |
| 25 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:** £501,228 (36 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 |

**Average rent: £1,800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.48% (weak for cashflow)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*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 £1,800/mo).*

- **Gross yield:** 5.8%
- **Cost-to-rent:** 17.4×
- **Monthly cashflow:** £118/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.3%

*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:** 3%
- **10y growth:** 43%

## 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)