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Vaughan Road, Exeter EX1 - Image 1
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Vaughan Road, Exeter EX1

South West

£350,000
Listed on 17/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This charming 1930s detached home features two bedrooms and presents an intriguing opportunity for renovation and investment. Nestled in a desirable residential neighborhood, the property sits on a raised plot surrounded by gardens that offer both tranquility and potential for outdoor enhancements. The house has been cherished by the same family for 50 years, which speaks volumes about its character and location. The layout includes a lounge/dining area with ample natural light, a cozy kitchen, and a versatile garden room that could serve various purposes. Upstairs, the two bedrooms are well-proportioned, providing a solid foundation for creative redesigns. The existing bathroom and separate WC allow for immediate functionality but also present opportunities to modernize. Off-road parking is available alongside a garage, enhancing convenience for homeowners in this bustling community. There’s significant potential for expansion: with proper planning permissions, you could consider adding a side extension or converting the attic to increase living space or create additional bedrooms. Location-wise, this property benefits from proximity to Hamlin Lane Playing Fields and Heavitree Pleasure Park, which is not only ideal for leisure activities but also hosts vibrant local cafes and community events. Additionally, essential amenities such as shops and schools are within walking distance. Public transport options are conveniently close by, making commuting into the city center straightforward. With its blend of classic architectural details and substantial scope for modernization and expansion, this residence stands out as an exceptional investment opportunity in Exeter's evolving housing market. Embrace the challenge of transforming this home into a contemporary family haven tailored to your specifications.

Investment Analysis

(EX1 area)
Area Average
£343/sq ft
Avg Rent (weekly)
£348
Avg Yield
5.6%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -3.2%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on EX1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Vaughan Road, Exeter EX1
Map showing location of Vaughan Road, Exeter EX1
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