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Buller Road, Exeter, Devon

South West

£170,000
Listed on 13/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1371 sqft

Description

This end-terrace property presents a unique opportunity for renovation and investment in a promising location. Currently, the layout features a spacious one-bedroom flat on the first floor, complemented by a ground floor that allows for various uses, making it adaptable to different needs. The property includes a garage and a private roof terrace, both of which enhance its appeal and functionality. The garage provides convenient off-street parking or potential storage options, while the roof terrace offers a private outdoor space that could be transformed into an inviting leisure area. One of the standout aspects of this property is its significant potential for development. With the right planning consents, possibilities include converting the existing layout into a 3-4 bedroom family home, refurbishing it as a commercial space accompanied by a self-contained apartment above, or reconfiguring it into two separate residential units. This flexibility makes it an attractive option for investors and developers looking to capitalize on the growing demand for diverse living arrangements in the area. Owner-occupiers also have the chance to customize the property to suit their specific requirements while adding value through renovations. Overall, this property is poised to evolve into something special with thoughtful updates and creative vision.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -63.3% below area average per sq ft

-63.3%
Potential saving
This Property
£124/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Target Value
£508,984
10% above area average per sq ft
Potential ROI
+139.5%
After renovation
Monthly Sales
49
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 4.0%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on EX4 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

Buller Road, Exeter, Devon
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