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Alexandra Road, Crediton, EX17

South West

£1,000,000
Listed on 29/12/2025

Property Details

Bedrooms
11
Type
Detached house
Area
5121 sqft

Description

This distinctive period residence, known as The Mount, is situated on Alexandra Road in Crediton and is a remarkable example of late Victorian to early Edwardian architecture featuring Arts and Crafts influences. Offering an expansive 4,000 square feet of living space and set on over an acre of well-established grounds, this property represents a unique opportunity for buyers interested in restoring a significant historical home in the heart of Mid Devon. Originally a private villa and later a boarding house for Queen Elizabeth’s School, its legacy within the community adds to its value as a restoration project. The interior boasts spacious reception areas, multiple bedrooms across three levels, and numerous original features that are poised for revival. Highlights include an impressive panelled entrance hall and a captivating solid wood staircase. While the property has seen better days and requires attention to bring it into line with modern standards, the potential here is substantial. With eleven bedrooms available, there’s ample scope for reconfiguration—whether it be expanding rooms into larger suites or repurposing spaces for work or leisure. Notably, relocating the kitchen could transform the main hallway into an inviting central hub. Additionally, the detached coach house, Mountside, adds versatility with its own living area and bedrooms—ideal for guests or even rental potential. The grounds are expansive and south-facing with mature trees providing privacy. Given its location in a conservation area, care must be taken regarding any future development plans; however, there are possibilities for alternative uses subject to planning permission. This includes potential subdivision into separate dwellings within the generous grounds. Overall, The Mount offers both character and community significance along with ample room for growth through renovation—a once-in-a-lifetime chance to create something truly special while honouring its history.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -34.9% below area average per sq ft

-34.9%
Potential saving
This Property
£195/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,689,648
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (EX17)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -12.7%
5 year growth: +6.9%
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

Alexandra Road, Crediton, EX17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 over 30 years at 4.06% 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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