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Mincinglake Road, Exeter, Devon, EX4

South West

£285,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
994 sqft

Description

This semi-detached house presents an intriguing opportunity for investors or homeowners looking to embark on a renovation project. The layout of the property features two distinct reception rooms, including a generously sized lounge and a separate dining area, allowing for flexible living arrangements that cater well to family life. Convenience is enhanced with a downstairs W.C., making day-to-day use more practical. Outside, both front and rear gardens extend the living space into the fresh air. The rear garden is particularly noteworthy, as it includes several outbuildings that offer versatile options for future use—whether you envision a home office, a creative studio, or additional storage. Upstairs, you'll find three bedrooms, providing ample space for a growing family or individuals seeking room for guests or hobbies. While the interior requires modernisation, this presents an ideal chance to reimagine and customize the space according to personal taste. Situated in a well-established neighborhood, this property is positioned to benefit from local amenities and community resources. Its renovation potential makes it an attractive prospect for those with a vision to transform it into a captivating home tailored to their lifestyle.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£287/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£363,118
10% above area average per sq ft
Potential ROI
+8.4%
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

Mincinglake Road, Exeter, Devon, EX4
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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
£1,044
Based on a loan of £213,750 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