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Oak Close, Exminster, Exeter, EX6

South West

£258,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
601 sqft

Description

This semi-detached house presents an appealing opportunity, situated in a tranquil area with scenic views of the surrounding countryside. Featuring two double bedrooms, this property offers a practical layout that includes a sitting room, kitchen/dining area, and a first-floor shower room. While the home benefits from gas central heating and uPVC double glazing, it also shows potential for modernization and updating to enhance its appeal and value. The ground floor consists of a comfortable sitting room with ample natural light coming through side and front-facing windows. The adjoining kitchen/dining room is equipped with essential appliances, offering space for both culinary activities and dining. A set of sliding patio doors provides easy access to the rear garden, which enjoys a southerly aspect, ideal for outdoor relaxation or gardening. On the first floor, the two bedrooms include built-in storage and views over adjacent landscapes. The layout allows for flexibility in how the spaces could be utilized or reconfigured during renovations. The shower room completes this level with functional amenities. Outside, the property is complemented by a private driveway that accommodates parking for two vehicles. The enclosed rear garden features low-maintenance landscaping options and potential for further development or personalization. Located on the outskirts of Exeter in a popular village setting, this home benefits from convenient access to local amenities while still enjoying a peaceful residential atmosphere. Its renovation opportunities make it suitable for both first-time buyers seeking to imprint their style on their new home and investors looking to enhance value through strategic updates. Viewing is encouraged to fully grasp the property's possibilities.

Investment Analysis

(EX6 area)

Above Market Value

This property is priced +23.0% above area average per sq ft

+23.0%
This Property
£429/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£230,757
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -8.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on EX6 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

Oak Close, Exminster, Exeter, EX6
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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
£945
Based on a loan of £193,500 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