# 2 bedroom bungalow for sale (EX1 3DP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 22 LONSDALE ROAD, EXETER, EXETER, DEVON EX1 3DP |
| Price | £189,950 |
| Bedrooms | 2 |
| Last sold | £187,500 Sep 2006 |

## Description

This is a two bedroom semi detached bungalow is situated close to Heavitree Park and providing access to local shopping facilities and the City centre.*** Lounge * Kitchen/Breakfast Room * Two Bedrooms * Bathroom * Front Patio and Rear Lawned Garden * Double Glazing * Gas Central Heating * Driveway * Garage ***

**.**  Front door leading to

**ENTRANCE HALL:**  Double radiator, cloaks hanging space, access to loft, double door storage cupboard and further storage cupboard housing hot water cylinder, door to

**LOUNGE:**17'5" x 10'2" (5.3m x 3.1m).  Double glazed window to rear, double radiator, back boiler fire.

**.**  Door off entrance hall to

**KITCHEN:**11'6" x 10'2" (3.5m x 3.1m).  Comprising sink unit with cupboards under, space for washing machine, adjacent work surface with four ring gas hob and cupboards under, tiled splash-back and extractor hood over, cupboards to side, electric oven with cupboards under and over, space for fridge freezer, double radiator, double glazed window to rear and side and double glazed patio door leading to garden.

**.**  Door off entrance hall to

**BEDROOM 1:**13'9" x 8'2" (4.2m x 2.5m).  Double glazed window to front into bay, range of fitted wardrobes, double radiator, telephone point.

**BEDROOM 2:**10'10" x 8'10" (3.3m x 2.7m).  Double glazed window to front, double radiator.

**OUTSIDE:**  To the rear of the property there is a patio area which leads to a further lawned area with central pathway. From the patio access is gained to the garage with up and over style door and leads back up the drive to the front of the property.

## Property Photos

- ![Picture No.01](/listings/photos/11961344/744366) - Picture No.01
- ![Picture No.02](/listings/photos/11961344/744367) - Picture No.02
- ![Picture No.03](/listings/photos/11961344/744370) - Picture No.03
- ![Picture No.04](/listings/photos/11961344/744373) - Picture No.04

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 LONSDALE ROAD, EXETER, DEVON, EX1 3DP | £187,500 | 27/09/2006 | Semi-detached |
| 22 LONSDALE ROAD, EXETER, DEVON, EX1 3DP | £122,000 | 28/03/2002 | 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 |
|---------|-------|------|------|
| 19 SYCAMORE CLOSE, EXETER, DEVON, EX1 3DF | £326,000 | 17/12/2025 | Detached |
| 18 COATES ROAD, EXETER, DEVON, EX2 5RW | £215,000 | 22/11/2023 | Detached |
| 150 SWEETBRIER LANE, EXETER, DEVON, EX1 3DG | £650,000 | 13/10/2023 | Detached |
| 147 SWEETBRIER LANE, EXETER, DEVON, EX1 3DG | £515,000 | 16/08/2022 | Detached |
| 150 SWEETBRIER LANE, EXETER, DEVON, EX1 3DG | £585,000 | 15/07/2022 | Detached |
| 148 SWEETBRIER LANE, EXETER, DEVON, EX1 3AR | £565,000 | 01/06/2022 | Detached |
| 170 SWEETBRIER LANE, EXETER, DEVON, EX1 3DG | £415,000 | 18/02/2022 | Detached |
| 18 COATES ROAD, EXETER, DEVON, EX2 5RW | £325,000 | 25/11/2021 | Detached |
| 15 SYCAMORE CLOSE, EXETER, DEVON, EX1 3DF | £297,000 | 01/11/2021 | Detached |
| 19A BIRCHY BARTON HILL, EXETER, DEVON, EX1 3ET | £570,000 | 27/08/2021 | Detached |
| 13 SYCAMORE CLOSE, EXETER, DEVON, EX1 3DF | £220,000 | 23/08/2021 | Detached |

**Area average:** £425,727 (11 sales)

## Price vs local average

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

- **Local average:** £412,820 (25 Detached, EX1, 2024–2026)
- **Deviation:** -54%

## Rental Range

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

- **Low:** £1,183/mo
- **Realistic:** £1,314/mo
- **Optimistic:** £1,445/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Exeter (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/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 |
|------|------|------|------|------|
| 2 Bed Flat, Blackthorn Crescent, EX1 | £1,050/mo | 2 | 0.39 miles | OpenRent |
| 2 Bed Terraced House, Chaucer Grove, EX4 | £1,300/mo | 2 | 0.93 miles | OpenRent |
| 2 Bed Flat, Tor Close, EX4 | £1,100/mo | 2 | 1.14 miles | OpenRent |
| 2 Bed Terraced House, East Grove Road, EX2 | £1,475/mo | 2 | 1.16 miles | OpenRent |

**Average rent: £1,231/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.63% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 7.6%
- **Cost-to-rent:** 13.2×
- **Monthly cashflow:** £307/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.7%

*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:** 17.2%
- **10y growth:** 17.1%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.2%
- **5y growth (index):** 12.9%
- **10y growth (index):** 32.3%

## 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)