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Newman Road, Devon EX4

South West

£225,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1172 sqft

Description

This appealing semi-detached freehold property offers a solid foundation for buyers looking to invest in a home with considerable potential for enhancement. While the residence is well-maintained and comfortable, it presents an excellent opportunity for selective modernization, allowing future owners to customize the living spaces to their personal style and preferences. The welcoming entrance hall leads into a spacious front lounge, characterized by a large bay window that floods the room with natural light, creating a cozy environment perfect for relaxation. Further enhancing the ground floor is a versatile conservatory that overlooks the garden; this space can serve multiple purposes such as a dining area, extra sitting room, or home office depending on your needs. A separate utility room adds practicality, providing essential storage and workspace while keeping household tasks discreetly organized. On the first floor, you will find three well-sized bedrooms accommodating various buyers from families to remote workers needing additional space. The principal bedroom stands out with its own bay window, contributing to a bright and airy atmosphere. The other two bedrooms are equally adaptable, whether for children, guests, or as an office. The external areas of this property do not disappoint either. The low-maintenance rear garden offers an inviting outdoor setting suitable for enjoyment without demanding extensive care—ideal for busy lifestyles. In front, there is ample driveway parking alongside a garage that provides additional options for storage or even conversion (subject to necessary permissions), ensuring convenience at every turn. In conclusion, this home combines charming architectural features with practical amenities in an established layout. Its sound condition along with generous parking and ample additional spaces highlight its clear potential for improvement—making it an enticing option for those wishing to establish a personalized long-term residence.

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Investment analysis

(EX4 area)

Below Market Value

This property is priced -41.4% below area average per sq ft

-41.4%
Potential saving
This Property
£192/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£422,213
10% above area average per sq ft
Potential ROI
+59.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Newman Road, 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
£850
Based on a loan of £168,750 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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