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Longbrook Street, Exeter, EX4

South West

£475,000
Listed on 17/06/2025

Property Details

Bedrooms
7
Type
End Of Terrace
Area
1971 sqft

Description

Presenting a substantial Grade II listed end terraced house that boasts significant character and development potential, nestled in a prime city centre location. This property, requiring modernisation throughout, spans four expansive floors and currently offers six to seven bedrooms, making it an attractive prospect for both families and investors alike. The accommodation includes a reception hall, a spacious sitting room ideal for conversion into additional bedroom space, a separate dining room with views over the enclosed rear garden, and a kitchen that could benefit from contemporary upgrades. With two bathrooms present across the first and ground floors, there is ample scope for improvement. Outdoor space includes an enclosed rear garden with possibilities for off-street parking (pending necessary consents), creating further value add opportunities. This is an excellent chance to create a unique family home or capitalise on rental demand due to its proximity to the university and city amenities. The sale is chain-free, allowing for a swift purchase process.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£241/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £95,000
Target Value
£717,207
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -2.0%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on EX4 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

Longbrook Street, Exeter, EX4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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