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Pennsylvania, Exeter

South West

£350,000

Listed on 26/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1139 sqft

Description

Nestled in the desirable lower Pennsylvania area of Exeter, this property presents a remarkable blank canvas for renovation enthusiasts. Spanning approximately 1,139 sq ft across two floors, it offers an exceptional opportunity for extensive modernization. The ground floor features a welcoming entrance hall leading to a spacious 21ft sitting/dining room—ideal for crafting a contemporary open-plan living space. A separate kitchen awaits redesign, along with two generously sized bedrooms, which can be repurposed as additional living areas or home offices. Completing this level is a convenient cloakroom. On the upper floor, two further bedrooms provide additional layout flexibility, while a bathroom serves this level's needs. Outside, the property is complemented by a private driveway and garage for valuable off-road parking and storage solutions. The rear garden offers potential for landscaping and personal touch enhancements. This property embodies substantial investment potential in a sought-after location close to the University of Exeter and city amenities. It is primed for transformation into a modern family home tailored to suit diverse requirements.

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
£307/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£413,896
10% above area average per sq ft
Potential ROI
-5.9%
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

Pennsylvania, 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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