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Bonnington Grove, Heavitree, Exeter

South West

£300,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1042 sqft

Description

This spacious end-of-terrace house features three bedrooms and is located in a desirable residential area, offering a unique opportunity for renovation enthusiasts or investors. While the property has been well-maintained, there is considerable scope to enhance its appeal through modernization and refurbishment tailored to personal tastes. Notable attributes include gas central heating and double glazing, along with potential for further development on the ground floor and loft space, subject to obtaining necessary planning approvals. With a detached garage and a generous rear garden that backs onto a service lane, this home also benefits from convenient on-street permit parking. Positioned within walking distance of Heavitree’s diverse shopping options, local amenities, public transport links, and educational institutions, this property ensures easy access to Exeter's city centre as well as nearby parks and recreational facilities. The strategic location provides quick routes to the M5 and nearby superstores, making it ideal for commuters and families alike. This property holds great potential for those keen on transforming it into a modern residence while being close to all essential services.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£288/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£389,593
10% above area average per sq ft
Potential ROI
+11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Bonnington Grove, Heavitree, 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
£1,099
Based on a loan of £225,000 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