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Hoopern Street, Exeter

South West

£240,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This terraced home offers a unique opportunity for those with an eye for renovation. With its solid structure and spacious layout, the property serves as an inviting canvas for modernization. The bright interiors on both levels enhance the sense of space, making it well-suited for individuals looking to create their ideal living environment through thoughtful upgrades. The property is conveniently located near the heart of Exeter, making it highly attractive to potential buyers and investors alike. With a strong demand in Exeter’s rental market, this home presents a viable investment opportunity, especially for first-time buyers or those seeking to establish roots close to essential amenities. The ground floor features a comfortable living room that flows into a dining area—this open layout allows for flexible use, whether you're entertaining guests or enjoying quiet family time. The galley kitchen at the rear is functional and adjacent to a sunroom that fills the space with natural light. There is also potential to expand this area with renovations, subject to planning approvals. Upstairs, you will discover two well-sized bedrooms, including a principal bedroom that measures 13'9". This generous space could be customized further to meet personal preferences or accommodate various needs like home office use or guest stays. The modern family bathroom upstairs has been recently upgraded and measures over 10 ft in length, providing ample capacity for additional enhancements if desired. Outside, the manageable courtyard garden offers valuable private outdoor space—a rare find in such a central location. It’s perfect for low-maintenance relaxation or outdoor dining. This property not only boasts charm and character but also significant investment potential tied to its prime location. With proximity to Exeter city centre, local shops, and universities, as well as excellent transport links including nearby train stations connecting directly to London and Bristol, this home is positioned favorably for future growth and appreciation.

Investment Analysis

(EX4 area)
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: 17.3%
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

Hoopern Street, 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
£879
Based on a loan of £180,000 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