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Rydon Lane, Exeter

South West

£750,000
Listed on 22/07/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2212 sqft

Description

This expansive 1930s detached house presents a significant opportunity for renovation and investment, ideally situated next to the Exeter Golf & Country Club. The property boasts substantial gardens and flexible living spaces, making it well-suited for families looking to create their dream home in a desirable area. With no onward chain, you can move forward quickly with your plans. The location offers a unique blend of convenience and charm, providing easy access to both Exeter city center and the picturesque town of Topsham. Excellent transport links to the M5, A30, and A38 are complemented by regular bus services, enhancing connectivity. This neighborhood is noted for its balance of urban amenities and natural landscapes, along with renowned schools and leisure facilities nearby. Inside, the generous layout features five double bedrooms arranged around a spacious landing. The principal suite includes an en suite shower room and dressing area, while another bedroom also benefits from en suite facilities. The main living areas consist of a dual-aspect reception/dining room that invites plenty of natural light and overlooks the serene garden and golf course beyond. The kitchen comes equipped with quality fixtures, including granite worktops and a Rangemaster cooker, leading into a conservatory that serves as an inviting extension of the living space. For those interested in further development potential, there is ample scope to enhance the property through extensions or loft conversion (subject to relevant consents). The level gardens provide both outdoor enjoyment and potential for landscaping projects that can increase property value while offering attractive spaces for family gatherings or relaxing retreats. The approach to the house includes a private driveway with off-road parking available for multiple vehicles. The predominantly lawned rear garden benefits from sun exposure throughout the day, featuring well-stocked borders and a terrace perfect for outdoor dining. Given its size and layout, this outdoor space not only enhances daily living but also offers considerable potential for enhancements or additions. This home represents not just a residence but an investment opportunity within one of Exeter’s most sought-after areas. With careful updates or renovations reflective of modern tastes alongside its original character, this property could become an outstanding family home or valuable addition to your portfolio.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£339/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£849,430
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on EX2 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

Rydon Lane, Exeter
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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
£2,747
Based on a loan of £562,500 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