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Albion Place, Exeter, Devon, EX4

South West

£239,999

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
935 sqft

Description

This freehold terraced house presents a promising opportunity for those looking to renovate and personalize a property to their own specifications. Ideal for both residential buyers and investors, the home features spacious accommodation across three levels, providing ample potential for improvement and modernization. The property greets you with an easy-care courtyard front garden and a traditional exterior that adds to its charm. Entering the home, the ground floor welcomes you with two versatile reception rooms: a front-facing lounge and a dining area at the back, both of which can be adapted to suit various lifestyle needs. A small rear courtyard garden extends from the kitchen, offering a manageable outdoor retreat perfect for relaxation or light gardening. The upper floors continue to impress with flexible accommodation options. The first floor hosts two sizable bedrooms filled with natural light, while a third room on the second floor can serve multiple purposes as either an additional bedroom, home office, or hobby space. While this property is in need of updating, it stands as an excellent renovation project that offers significant value-adding potential. The practical layout paired with its three-bedroom configuration makes it suitable for transformation into a comfortable and characterful family home or rental investment. Early viewing is encouraged to fully grasp the flexibility and possibilities this property has to offer.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£257/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£339,765
10% above area average per sq ft
Potential ROI
+21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +10.4%
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

Albion Place, Exeter, Devon, EX4
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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
£856
Based on a loan of £179,999 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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