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Aldrin Road, Exeter - Image 1
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Aldrin Road, Exeter

South West

£400,000
Listed on 31/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1140 sqft

Description

This detached home presents an opportunity for renovation and investment in a sought-after residential neighborhood. Positioned conveniently for access to Exeter city center, it offers both tranquility and potential for urban living. The property features three bedrooms, providing ample space for families or individuals looking to invest in a property they can customize. The large living room is complemented by a bright kitchen diner, creating the possibility of an open-concept layout with some reconfiguration. A family bathroom is available, along with the added benefit of a garage and off-street parking. Accessed via a gently sloping driveway, the entrance opens into a spacious hallway that includes a convenient downstairs W/C and one of the double bedrooms. A short staircase leads to the main living areas, where the kitchen and sizable living room with views overlooking the private rear garden create an inviting atmosphere. On the upper level, two additional double bedrooms await, along with a generous family bathroom featuring a three-piece suite and shower over the bath. The side door from the kitchen leads to a well-sized rear garden that offers both paved seating areas and lawn space—ideal for outdoor activities or gardening enthusiasts. With no onward chain, this property encourages creativity in its modernization while being situated in an area that’s likely to appeal to future tenants or buyers. The combination of spacious living, access to local amenities, and potential for improvement makes this home particularly attractive as an investment opportunity. Viewing is encouraged to fully appreciate its possibilities.

Investment Analysis

(EX4 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£351/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£416,453
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on EX4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Aldrin Road, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE