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Merlin Crescent

South West

£255,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
829 sqft

Description

This three-bedroom semi-detached house offers substantial potential for future enhancement and is conveniently located near local amenities including shops and schools. The property features a well-laid-out entrance hall that leads into a spacious lounge equipped with a gas fireplace and sliding doors opening to the garden. The kitchen, while functional, includes room for modernisation and expansion, complemented by an adjoining utility area. On the first floor, there are three bedrooms of various sizes along with a shower room and a separate cloakroom, presenting opportunities for reconfiguration to increase usability. The large rear garden is well-maintained and could potentially accommodate off-road parking or further landscaping to enhance outdoor living space. With the right planning consents, there’s ample scope for extension or improvement, making this property an attractive investment prospect.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£308/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£301,657
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -2.0%
5 year growth: +10.6%
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

Merlin Crescent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£903
Based on a loan of £191,250 over 30 years at 3.91% 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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