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Exeter, Devon

South West

£1,100,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2575 sqft

Description

This property presents a unique opportunity for renovation enthusiasts and investors alike. With four bedrooms, the home offers a solid foundation for transformation, allowing you to create a space that aligns with modern living standards or enhance its existing character. Located in an area poised for growth, this property benefits from proximity to essential amenities and local attractions, making it appealing not just for personal use but also as a rental investment. The neighborhood's potential is underscored by previous planning permission for an extension, indicating that the possibility for expansion and increased value is already in place. CGI images illustrate what could be achieved with the right vision. The property is equipped with practical features, including mains electricity and gas central heating — both of which ensure comfort year-round. While water is currently supplied privately, arrangements are in place to transition to mains before completion, enhancing the property's reliability. Private drainage via a septic tank is also installed. For those who rely on connectivity, ultrafast broadband service through BT offers speeds up to 1000mbps, which is ideal for remote work or streaming. With several mobile network options available in the area (including O2, Virgin, 3, Vodafone, and EE), accessibility is assured. This property stands out as a canvas ready for your creativity and investment insight—an excellent choice for those looking to tap into the potential of a well-situated dwelling in a growing community.

Investment Analysis

(EX4 area)

Above Market Value

This property is priced +28.6% above area average per sq ft

+28.6%
This Property
£427/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£940,673
10% above area average per sq ft
Potential ROI
-19.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: 17.3%
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

Exeter, Devon
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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
£4,030
Based on a loan of £825,000 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