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St Davids Hill, Exeter EX4

South West

£500,000

Listed on 20/05/2025

Property details

Bedrooms
5
Type
Terraced House

Description

This terraced house located in St Davids Hill, Exeter, presents a significant opportunity for renovation and investment. The property features five spacious bedrooms and four bathrooms, making it ideal for family living or as a multi-let investment. A highlight is the four versatile reception rooms, which provide the flexibility needed for modern lifestyles—whether that be a home office, entertainment space, or simply areas to unwind. Natural light permeates the home through large windows, creating a comfortable ambiance. Additional conveniences include off-road parking and proximity to central Exeter's amenities, shops, restaurants, and transport links—enhancing its appeal for tenants or future occupants. While the property has potential as a family residence or rental income source in a thriving area, many of its interiors will require updates to align with contemporary standards. Individual rooms exhibit varying conditions; some spaces have dated finishes and furnishings that would benefit from cosmetic improvements or complete renovations. This property offers a promising canvas for investors looking to create value through thoughtful enhancements while embracing the charm of Exeter living.

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Investment analysis

(EX4 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £65,000
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

St Davids Hill, 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
£1,889
Based on a loan of £375,000 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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