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Mandrake Close, Alphington, Exeter - Image 1
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Mandrake Close, Alphington, Exeter

South West

£315,000

Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This semi-detached house presents an opportunity for keen investors or those looking to create their dream home. Set on a generous corner plot, the property features 2/3 bedrooms and offers significant potential for extension, pending planning permission. The layout includes an entrance hall leading to a bright living room, a dining room that is currently being used as a third bedroom, and a contemporary kitchen adjoining a conservatory. Upstairs, there are two bedrooms, one with eaves storage, and a modern bathroom. The external space includes an enclosed rear garden with lawn areas and decorative stone chippings, alongside mature shrubs in the front garden and off-road parking via a private driveway. Located conveniently near local amenities such as shops, a doctor's surgery, and public transport links to Exeter's major road network, this property holds great promise for renovation and investment. Early viewings are advisable for those interested in exploring its full potential.

Investment Analysis

(EX2 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -9.4%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on EX2 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

Mandrake Close, Alphington, 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
£1,124
Based on a loan of £236,250 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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