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Polsloe Road, Exeter EX1 2HL

South West

£300,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1582 sqft

Description

This four-bedroom terraced home presents a versatile opportunity for renovators and investors, spread across three floors in a desirable neighborhood. With ample living space and a layout that invites creativity, this property is well-suited for those looking to make improvements that could significantly enhance its value. Inside, the home features an entrance hall leading to a bright lounge and a separate dining room. The breakfast room connects seamlessly to the kitchen at the rear, allowing for potential reconfiguration into an open-plan design if desired. This flexibility in the floor plan offers plenty of scope for modernization and personalization. On the upper levels, you will find four spacious bedrooms, including one with an en-suite shower room. A separate wet room serves the other bedrooms, ensuring convenience for family or guests. The property benefits from gas central heating and uPVC double glazing, providing energy efficiency throughout. The rear courtyard garden is low-maintenance yet provides a private outdoor area ideal for relaxation or entertaining. Accessed through a gate at the back, it adds another layer of functionality to the property. Located just a short walk from Exeter City Centre, this home is positioned perfectly for easy access to various shops, restaurants, and local amenities. Its proximity to Exeter University makes it particularly appealing for academic professionals or students seeking rental opportunities. Moreover, with the RD&E Hospital within close reach, it also serves as an attractive option for healthcare workers. This property comes with no onward chain, making it even more appealing for buyers eager to start their renovation journey. An internal viewing is strongly recommended to fully appreciate its potential and explore the possibilities that await.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -44.2% below area average per sq ft

-44.2%
Potential saving
This Property
£190/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£591,494
10% above area average per sq ft
Potential ROI
+74.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.0%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EX1 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

Polsloe Road, Exeter EX1 2HL
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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
£1,099
Based on a loan of £225,000 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