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Alexandra Road, Crediton, EX17 - Image 1
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Alexandra Road, Crediton, EX17

South West

£1,000,000
Listed on 19/01/2026

Property Details

Bedrooms
1
Type
Detached house
Area
5121 sqft

Description

This iconic period residence on Alexandra Road in Crediton offers a significant opportunity for restoration and investment. Built during the late Victorian to early Edwardian era, this Arts and Crafts style property boasts over 4,000 square feet of living space set within more than an acre of established grounds. Historically a family villa, it transitioned to serving as a boarding house for Queen Elizabeth’s School, holding cherished memories for the local community. Now available after many decades, it presents a unique chance to bring this substantial character home back to its former glory while accommodating modern living standards. Inside, the property features elegant reception areas and numerous bedrooms across three levels, all enhanced by original details like a stunning panelled entrance hall and solid wood staircase waiting for refurbishment. The eleven bedrooms can be reimagined into larger suites or adaptable workspaces, while repositioning the kitchen could create an impressive central living area that connects with the main hallway. Additionally, the detached coach house or annexe—Mountside—provides nearly 1,000 square feet of versatile space equipped with its own living areas, two bedrooms, and facilities. The outdoor space is equally appealing with mature gardens, lawns, and ample parking on a south-facing plot offering privacy. Situated within a conservation area where trees have protection status adds another layer of value. This property also allows for potential alternative uses; buyers interested in subdividing the main house into smaller units or creating additional dwellings in the expansive grounds will find room to explore such options (subject to planning permission). With planning routes available yet maintaining its current function as a grand single residence would make for an extraordinary project immersed in history and unique charm.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£195/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£180,000 - £300,000
Target Value
£1,713,026
10% above area average per sq ft
Potential ROI
+31.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -10.6%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on EX17 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

Alexandra Road, Crediton, EX17
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 over 30 years at 4.06% 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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