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Grasslands Drive, Pinhoe, Exeter

South West

£250,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terrace house offers a generous living space with three bedrooms, ideal for those looking to invest in a property ripe for modernisation. Located in the popular residential area of Pinhoe, it boasts excellent connectivity to transport, with convenient access to the M5 motorway and Pinhoe Train Station, as well as proximity to Exeter Airport. Families will find value in the nearby reputable primary and secondary schools along with a variety of local amenities in Pinhoe Village. The layout includes an entrance hall with a useful storage cupboard, a kitchen ready for updates, and a particularly spacious living/dining area featuring patio doors that open onto the rear garden. Upstairs are three bedrooms served by a main bathroom. The property’s outdoor space consists of an enclosed rear garden with both paved and lawn areas, while the front has a small decorative garden layout. Additionally, there's a single garage located beneath the neighboring coach house, complemented by an allocated parking space. This home presents a solid opportunity for buyers aiming to create their vision through renovation after moving in or for those intending to invest further into its potential.

Investment Analysis

(EX1 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -5.5%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on EX1 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

Grasslands Drive, Pinhoe, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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