About This Property

Discover what makes this home special

Redbourne is a charming four-bedroom detached house nestled in the semi-rural town of Crediton, Devon, offering a peaceful lifestyle with easy access to the surrounding countryside. Priced at £399,000, this property provides excellent value for families or professionals seeking a balance between country living and proximity to urban amenities. The spacious layout and potential for customization make it an ideal family home or investment opportunity in a growing market.

Located within a short drive of Crediton town centre, Redbourne benefits from local schools, shops, and parks, while Exeter’s vibrant city life and employment hubs are accessible within a 30-minute drive. The nearby Crediton Railway Station connects residents to Exeter and beyond, making commuting feasible despite the rural setting. Future town centre regeneration projects promise to enhance local amenities and boost property values further.

Property Features

This property boasts four well-proportioned bedrooms and a generous garden space, perfect for families or those who enjoy outdoor living. The fitted kitchen is functional and ready for modern living, complemented by a cozy fireplace in the living room that adds character and warmth. Double glazing throughout improves energy efficiency, and the off-street parking offers convenience and security. There is also potential to extend or renovate, allowing buyers to tailor the home to their needs.

Four BedroomsDetached HouseSpacious GardenOff-Street ParkingFitted KitchenFireplace+2

Local Amenities

Redbourne benefits from proximity to several well-regarded educational institutions including Crediton Primary School and Queen Elizabeth's School, making it suitable for families with children. Local amenities such as Tesco Express and Crediton Health Centre provide convenience for daily needs. Leisure options include Lords Meadow Leisure Centre and the scenic Millennium Green Park, ideal for outdoor activities and community events. Dining options like The Old Cider House Restaurant offer local cuisine within easy reach, enhancing lifestyle quality.

Crediton Primary SchoolQueen Elizabeth's SchoolCrediton LibraryTesco ExpressCrediton Health CentreLords Meadow Leisure Centre+2
Crediton Railway Station Train Station (3.1 miles, 8 mins drive) • 30 mins by car to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£399,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£399,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct transport links to major cities
Growing local amenities and regeneration plans
Rural setting may limit rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£399,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £1,530/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£400,999
+£1,999 projected gain
5-Year Rent Forecast
£1,879/mo
Based on 4.2% annual growth
Price per Sq Ft£307
Annual Rent Income£18,360
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£400,999
5yr
£403,008
10yr
£405,027
15yr
£407,056
20yr
£409,096
25yr
Current: £399,000

Monthly Rental Income

Based on 4.2% annual growth
£1,879
5yr
£2,309
10yr
£2,836
15yr
£3,484
20yr
£4,279
25yr
Current: £1,530/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Location

Commute Time Planner

Exeter St Davids
10 mins
30 mins
London Paddington
2h 30m (via Exeter St Davids)
4h

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
48
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use (Retail and Residential)+Positive Impact
Crediton Town Centre Regeneration
1.5 milesEst. 2025
Environmental / InfrastructureModerate Impact
Devon County Green Energy Initiative
N/A (regional)Est. 2027
* Information based on local planning applications and may be subject to change

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£399,000
AvailableNB0000054255
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Redbourne

South West, EX19 8DT
Castle Green
4
Bedrooms
0
Bathrooms
1,300
Est. Sq ft
house
Type

Developer

Lovell Homes
Available Plot Numbers
9002009
3 plot(s) available
Ownershipfreehold

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Redbourne
RedbourneSouth West£399,000

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