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Queens Road, Exeter

South West

£350,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1717 sqft

Description

This freehold property features four distinct apartments in a semi-detached layout, presenting a significant investment opportunity on the popular Queens Road. With private entrances and individual garden spaces, this property is well-positioned for multi-unit letting or potential conversion to an HMO (House in Multiple Occupation), subject to local regulations. Each flat has been designed with flexible layouts—two ground-floor units equipped with exclusive outdoor access and two upper-level flats, including a studio-style apartment. The communal areas offer additional possibilities for enhancement, while off-road parking could be explored given the available front garden space (subject to planning permissions). Investors and renovators alike will find ample scope to improve and maximize the property's rental yield.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -41.4% below area average per sq ft

-41.4%
Potential saving
This Property
£204/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £80,000
Target Value
£656,512
10% above area average per sq ft
Potential ROI
+52.7%
After renovation
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

Queens Road, 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
£1,249
Based on a loan of £262,500 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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