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Exeter Road, Crediton, Devon - Image 1
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Exeter Road, Crediton, Devon

South West

£150,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1365 sqft

Description

This cottage presents a solid opportunity for renovation, featuring a spacious garden area both to the side and rear. It comprises three bedrooms and three reception rooms, including a sitting room with a fireplace, a dining room with abundant natural light, and a kitchen connected to a utility room and WC. The layout is functional, allowing for creative redesign to enhance its charm as a family home in proximity to local amenities. The first floor holds three bedrooms along with a bathroom, while the property benefits from electric heating and essential utilities already in place. With some clearing done in the garden, there is ample potential for landscaping or extension. Crediton's rich history and accessible transport links to Exeter make this an appealing project for investors or families looking to craft their ideal residence.

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Investment analysis

(EX17 area)

Below Market Value

This property is priced -63.2% below area average per sq ft

-63.2%
Potential saving
This Property
£110/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,949
10% above area average per sq ft
Potential ROI
+136.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -13.3%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on EX17 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

Exeter Road, Crediton, Devon
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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

Next Steps

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