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Countess Wear Road, Exeter

South West

£525,000
Listed on 24/06/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached house presents a valuable opportunity for buyers looking to make their mark in the desirable Countess Wear area of Exeter. Nestled in a well-regarded neighborhood, the property offers picturesque views of Haldon Belvedere and is conveniently positioned near riverside walking paths and cycling routes, enhancing its appeal for outdoor enthusiasts. The residence features a generous front garden and a private driveway that accommodates multiple vehicles alongside a single garage, providing ample off-road parking. While the home is currently in need of modernisation, this aspect lends itself to significant renovation potential, allowing future owners to customize and enhance the space to their specific tastes. The flexible layout includes an entrance porch, a welcoming reception hallway, a dual-aspect living/dining room, a spacious kitchen, and a conservatory that opens up possibilities for various design configurations. Upstairs, you will find four well-proportioned bedrooms complemented by a bathroom and separate WC. Outside, both front and rear gardens are well-maintained. The rear garden is enclosed with predominantly lawn space and features paved areas for patio enjoyment amidst established shrubs and trees. The front garden mirrors this with its lush lawns framed by mature hedges. Countess Wear is known for its strong community spirit, along with easy access to local amenities, schools, and transport links to the city center. Investing in this property not only offers immediate comfort but also allows for future value enhancement through thoughtful renovations. This home is available with no onward chain, presenting an advantageous situation for those ready to take on a project without delays. Initial viewings are strongly encouraged for anyone keen on exploring the potential this property holds.

Investment Analysis

(EX2 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Monthly Sales
46
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -3.2%
5 year growth: 10.2%
Investment Disclaimer: Analysis based on EX2 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

Countess Wear Road, Exeter
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