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Salisbury Road, Mount Pleasant, Exeter EX4 - Image 1
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Salisbury Road, Mount Pleasant, Exeter EX4 - Image 3

Salisbury Road, Mount Pleasant, Exeter EX4

South West

£200,000
Listed on 25/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
976 sqft

Description

This mid-terraced Victorian home offers generous space and a classic layout, presenting an excellent renovation opportunity for investors or buyers looking to create their ideal residence. Located conveniently near Exeter city centre, the property features three spacious bedrooms, a reception hall, a sitting room with bay window, and a dining room leading into the kitchen. The lean-to utility space provides additional potential for modern enhancements. With UPVC double glazing and gas central heating already in place, the house is structurally sound but requires modernisation to unlock its full potential. An enclosed courtyard garden adds to the charm of this property, allowing for outdoor enjoyment or possible landscaping enhancements. The absence of a chain simplifies the acquisition process. Viewing is recommended to appreciate the possibilities this property holds for transformation.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -38.8% below area average per sq ft

-38.8%
Potential saving
This Property
£205/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,602
10% above area average per sq ft
Potential ROI
+49.8%
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
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +15.9%
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

Salisbury Road, Mount Pleasant, Exeter EX4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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.

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