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Stanwey, Heavitree, Exeter, EX1

South West

£280,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
910 sqft

Description

This generously sized detached bungalow is situated in a sought-after residential area, just a stone's throw from local amenities, healthcare facilities, and Heavitree Park. The property presents an excellent opportunity for renovation, offering three sizeable bedrooms along with a comfortable lounge/dining area perfect for modern reconfiguration. The existing kitchen is functional but outdated, and the bathroom as well as separate cloakroom could benefit from updating to enhance living standards. The corner plot features gardens on three sides providing ample outdoor space and potential for landscaping or extensions (subject to planning). With a private driveway and detached garage already in place, this home is ready for transformation into a contemporary haven. Offered with no onward chain, this property warrants viewing to appreciate its full potential.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£308/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£342,092
10% above area average per sq ft
Potential ROI
+6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -4.3%
5 year growth: +6.6%
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

Stanwey, Heavitree, Exeter, EX1
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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
£1,058
Based on a loan of £210,000 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

Price History

-13.8% since listed
£280,000£20,000(-6.7%)
30/05/2026
Current price
£300,000£25,000(-7.7%)
03/02/2026
£325,000Initial listing
10/09/2025

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