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Pennsylvania Road, Exeter, Devon, EX4 - Image 1
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Pennsylvania Road, Exeter, Devon, EX4

South West

£145,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
759 sqft

Description

This freehold terraced house in Exeter is being offered exclusively to cash buyers and presents a unique renovation opportunity for those looking to undertake a substantial refurbishment project. The property requires significant modernization throughout, providing a solid foundation with spacious room dimensions that can be tailored to individual tastes and standards. The ground floor features a large living area measuring 4.70m x 4.32m, which offers great potential for transformation into a welcoming central living space. Adjacent is the kitchen (4.32m x 2.34m), where there is ample opportunity for redesign or reconfiguration, including the possibility of opening up to the rear garden to create an inviting flow for modern living. On the upper level, two generous bedrooms await personalization—Bedroom one measures 4.27m x 3.18m and Bedroom two measures 4.27m x 2.62m—both spaces suitable for double beds or accommodating ample storage solutions. The rear garden adds further value, presenting an ideal canvas that could be landscaped to enhance outdoor enjoyment once completed. Overall, this property stands out as an exceptional investment for seasoned renovators or investors who are keen on unlocking its full potential, making it a compelling candidate for value addition upon completion. Note: This property is classified as Non-Standard Construction.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -43.0% below area average per sq ft

-43.0%
Potential saving
This Property
£191/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£279,650
10% above area average per sq ft
Potential ROI
+43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: 15.9%
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

Pennsylvania Road, Exeter, Devon, EX4
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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
£523
Based on a loan of £108,750 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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