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Austen Close, Exeter, Devon, EX4

South West

£170,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1170 sqft

Description

This semi-detached home, constructed from non-standard BISF materials, presents a promising investment opportunity for those looking to transform a property into their ideal living space. The well-proportioned layout features three comfortable bedrooms and a spacious kitchen/diner that serves as the heart of the home, perfect for family gatherings or entertaining. The potential is further amplified by two distinct living areas; a formal dining room with patio doors that lead to the rear garden, enhancing the indoor-outdoor flow. Set back on a sizable plot, the property boasts extensive outdoor space with a large lawned front garden and spacious rear garden, ideal for children or pets to enjoy. Notable advantages include multiple storage sheds, which could easily be repurposed for hobbies or workshops, along with a gated driveway providing off-road parking. While this residence is already functional, it offers ample scope for modernisation and personalisation—ideal for buyers eager to add value through renovations. Overall, this home represents an excellent canvas not just for living but also for investment in improvements that can enhance both comfort and market appeal.

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Investment analysis

(EX4 area)

Below Market Value

This property is priced -55.6% below area average per sq ft

-55.6%
Potential saving
This Property
£145/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£421,493
10% above area average per sq ft
Potential ROI
+105.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.1%
5 year growth: +9.8%
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

Austen Close, Exeter, Devon, 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
£642
Based on a loan of £127,500 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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