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Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 1
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Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 3
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 4
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 5
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 6
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 7
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 8
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 9
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 10
Gordon Terrace, Park Street, Crediton, Devon, EX17 - Image 11

Gordon Terrace, Park Street, Crediton, Devon, EX17

South West

£199,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace home, housed within a period structure, presents an appealing opportunity for renovation and investment. Situated near local amenities, the property features three storeys of versatile living space that allows for both personal flair and modernization. Upon entry, you are welcomed into a light-filled sitting room that leads into a separate dining area, providing easy access to the upper floors. The kitchen is equipped with matching base and wall units and includes space for essential appliances, as well as direct access to a private rear courtyard—ideal for outdoor gatherings or quiet relaxation. On the first floor, you will find two generously sized bedrooms, both featuring built-in cupboards for efficient storage solutions. The family bathroom is also located on this level. Ascending to the top floor reveals a spacious loft room that offers additional flexibility; it can serve as an extra bedroom, office space, or recreational area. While the property currently requires modernization, it serves as an excellent canvas for investors or homeowners looking to enhance its character and value in a sought-after location. This home comes with no onward chain, making it an attractive option for first-time buyers or those seeking a project with significant potential. Please note that there is no parking associated with this property. It falls under Band B for council tax and is managed by Mid Devon local authority. Utilities include mains electric and water with gas central heating in place. This property also sits within a conservation area and carries a very low flood risk rating.

Investment Analysis

(EX17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 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

Gordon Terrace, Park Street, Crediton, Devon, EX17
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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
£729
Based on a loan of £149,250 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