Polsloe Road, Exeter
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Polsloe Road, Exeter

By Francis Louis

£ 760,000

Reviews

2 out of 5 stars

Francis Louis says ..

This impressive investment property presents a remarkable opportunity for discerning buyers. This substantial house boasts nine well-proportioned bedrooms, making it an ideal choice for those seeking to cater to a larger tenant base or to accommodate a growing family. The property featu...

Property Oracle says ..

This nine-bedroom property located on Polsloe Road in Exeter presents a mixed investment opportunity. Its strong points include a location convenient to highly-rated schools and several train stations, suggesting good potential for attracting tenants and benefiting from high demand in the area for family homes and student accommodation. However, based on the pictures, the property’s condition is somewhat below expectations for a property in this price range. The interior requires significant updating and modernisation, impacting the overall appeal and potentially necessitating investment to enhance rental yield or resale value. The lack of any substantial garden, or any outdoor space whatsoever, is a noteworthy drawback. Moreover, the list price of £760,000 should be critically examined. Although the property’s size is substantial, the apparent need for repairs and renovations, combined with the absence of a detailed comparative pricing analysis (for example, with the price per square foot for comparable properties) suggests the asking price may be somewhat optimistic. A thorough survey and potentially professional valuation would be recommended before purchase to validate the price and scope of the needed work. The property might be suitable for someone seeking a large property for conversion or refurbishment who is willing to undertake the necessary work to raise its value and desirability.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
9
Bathrooms
3
Sqft (est)
1,904.60

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
521,250.00 £
Increased by 29.23 %
from 403,360.00 £
Est sale value
1,154,187.60 £
Increased by 68.33 %
from 685,656.00 £
Average area rental value
1,512.00 £/mo
Increased by 50.45 %
from 1,005.00 £/mo
Est letting value
1,904.60 £/mo
from 0.00 £/mo
Est rental Yield
3.48 %
Increased by 16.39 %
from 2.99 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Francis Louis created the listing.

Nearby Schools

NameTypeOfstedDistance
Exeter SchoolOther Independent School0.38 KM
Ladysmith Infant & Nursery SchoolCommunity SchoolOutstanding0.57 KM
Heavitree And Polsloe Children'S CentreChildren's Centre0.59 KM
Ladysmith Junior SchoolCommunity SchoolGood0.60 KM
Magdalen Court SchoolOther Independent Special SchoolRequires improvement0.76 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Margaret's £ 436,42900.00 KM
North Avenue £ 000.00 KM
The Maltings £ 000.00 KM
Clifton Hill £ 000.00 KM
Blue Jay Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Polsloe Bridge3422POL1.41 KM
St James Park (Exeter)5751SJP1.47 KM
Exeter Central5755EXC2.43 KM
Exeter St Thomas3414EXT3.08 KM
Exeter St David'S3410EXD3.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Polsloe Road, Exeter £ 760,000BUY4 / 100.00 KM
Polsloe Road, Heavitree, Exeter £ 795,000BUY6 / 100.04 KM
Exeter, Devon £ 975,000BUY7 / 100.09 KM
Magdalen Road, Exeter, Devon, EX2 £ 850,000BUY7 / 100.11 KM
Magdalen Road, St Leonards, Exeter £ 450,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
86 Polsloe Road £ 480,0000.05 KM
76 Polsloe Road £ 303,5000.05 KM
84b Polsloe Road £ 125,0000.05 KM
85 Polsloe Road £ 330,0000.05 KM
75 Polsloe Road £ 230,0000.05 KM