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St. Johns Road, Exeter

South West

£375,000
Listed on 26/09/2025

Property Details

Bedrooms
5
Type
Terraced house

Description

This generously sized five-bedroom terraced house presents a compelling opportunity for renovation and investment in Exeter. Its proximity to the city center means residents will benefit from quick access to a variety of local amenities, making it an appealing option for both families and investors. The property requires modernisation but offers substantial living space that can be enhanced to meet contemporary standards. The layout provides a solid foundation for creating a versatile home or maximizing rental potential, with each room offering ample size and character. Entering the home, you’ll find an inviting entrance hall leading into multiple living areas, including a spacious living room featuring a traditional fireplace and built-in cupboards, as well as a dining room that benefits from natural light through its side aspect sash window. The kitchen is equipped with essential appliances and offers opportunities for updates to create a more functional culinary space. Upstairs, the five bedrooms vary in size, providing flexibility for family living or potential conversion into additional rental units. The first two bedrooms feature charming bay windows and original fireplaces, while the other rooms also possess desirable characteristics such as built-in wardrobes. Outside, the rear garden is accessible and includes flower beds with possibilities for landscaping enhancements or outdoor entertaining spaces. This property not only presents an excellent project for those looking to invest in renovations but also holds long-term value due to its prime location near Exeter's vibrant city life.

Investment Analysis

(EX1 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.0%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EX1 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. Johns Road, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE