Monks Road, Mount Pleasant, Exeter, Devon - Image 1
Monks Road, Mount Pleasant, Exeter, Devon - Image 2
Monks Road, Mount Pleasant, Exeter, Devon - Image 3

Monks Road, Mount Pleasant, Exeter, Devon

South West

£300,000

Listed on 19/04/2025

The listing

Property details

Bedrooms
2
Type
End Of Terrace
Area
1509 sqft

Features

  • Garden

Description

This property offers a unique investment and renovation opportunity, featuring a substantial end-terraced layout that encompasses a ground floor commercial space and an expansive two-bedroom flat above. Currently, the ground-floor shop is tenanted, providing immediate rental income, while the first-floor flat is vacant and ready for updates. The commercial area consists of a generous open-plan showroom measuring approximately 26'2" by 17'5", enhanced by large picture windows on both side and front elevations that flood the space with natural light. A lean-to conservatory at the rear adds extra utility to the shop, creating potential for additional customer-facing or storage options. For those looking to develop the living quarters above, the first-floor flat features an entrance hall with charming original clay tiles and an attractive staircase leading to the upper levels. The dual-aspect living room boasts generous proportions with bay windows offering pleasant views, along with a tiled fireplace adding character. Both bedrooms are comfortably sized; bedroom one highlights an appealing cast iron fireplace, while bedroom two provides built-in storage and a view out into a rear bay. The kitchen presents future owners the chance to modernize with a design that currently includes wood-effect cabinetry and essential appliances. A well-sized shower room completes this level while offering potential for reconfiguration. Outdoor space is also noteworthy, comprising a private courtyard garden enclosed by high walls—ideal for creating an inviting outdoor retreat or even additional storage solutions. An outside store room and cloakroom add further practicality to this property. Located within a vibrant community, this property benefits from its corner positioning that enhances visibility for retail endeavors while providing easy access to local amenities. With renovation required in key areas, this dwelling presents an enticing project not only for homeowners looking to put their mark on it but also investors seeking to maximize rental returns in a competitive market. No chain means readiness for quick action on this distinctive opportunity.

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Map

Location

Monks Road, Mount Pleasant, Exeter, Devon
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Transport

Nearest stations

  • Polsloe Bridge Rail Station

    0.2 miles

    Train · Polsloe Bridge

  • St James Park (Devon) Rail Station

    0.7 miles

    Train · Exeter City Centre

  • Exeter Central Rail Station

    1.2 miles

    Train · Exeter City Centre

  • Exeter St Davids Rail Station

    1.6 miles

    Train · Exeter City Centre

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,226
Based on a loan of £225,000 over 30 years at 5.13% 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.

Tax

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