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Powderham Crescent, Exeter, EX4

South West

£525,000

Listed on 08/05/2026

Property details

Bedrooms
5
Type
Terraced
Area
2110 sqft

Description

This spacious three-storey Victorian townhouse presents a noteworthy investment opportunity in Exeter, ideal for those looking to create a high-end student rental or a remarkable family residence. The property retains many original features, including high ceilings and ornate woodwork, which add unique character and charm. With ample room for renovation, it can be transformed into a six-bedroom student let or converted into three separate flats, making it versatile for various market demands. Located on a community-friendly street, it offers easy access to local amenities and the city centre. The interior boasts generous living spaces, including several large bedrooms, multiple reception areas, and a sunroom with garden access. The enclosed courtyard garden provides outdoor space potential. Recent planning permissions suggest capability for higher occupancy as well as varied living arrangements. Given its conservation area status and proximity to key facilities, this property is ripe for refurbishment and capital appreciation.

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Investment analysis

(EX4 area)

Below Market Value

This property is priced -24.2% below area average per sq ft

-24.2%
Potential saving
This Property
£249/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£762,332
10% above area average per sq ft
Potential ROI
+24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.7%
5 year growth: +10.6%
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

Powderham Crescent, Exeter, EX4
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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
£1,983
Based on a loan of £393,750 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

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