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Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 1
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 2
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 3
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 4
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 5
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 6
Ivybank, 45 St David's Hill, Exeter , EX4 4DN - Image 7

Ivybank, 45 St David's Hill, Exeter , EX4 4DN

South West

£750,000
Listed on 18/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated on the outskirts of Exeter city centre, this substantial detached property presents a unique opportunity for renovation and investment. Originally built in 1850, Ivybank features three stories of characterful period architecture, complemented by a two-storey Victorian extension. Currently operating as office space, the building is in need of modernization, offering significant potential for conversion back to residential use or continued commercial applications. An attached single-storey workshop adds functional space, while a separate two-storey annex and timber-framed teaching cabin provide additional possibilities for development or rental income. The mature gardens, gently sloping towards the River Exe, are currently overgrown but can be revitalized to enhance outdoor amenities and create attractive views over the river and Haldon Hill. With no listed building restrictions on the main structures (although a Grade II listed partial stone gateway arch exists), prospective buyers have flexibility within the St David’s Conservation area. All mains services are accessible, although due diligence is advised regarding their capacity. This freehold property with vacant possession holds vast potential for those looking to invest in Exeter's thriving market.

Investment Analysis

(EX4 area)
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +15.9%
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

Ivybank, 45 St David's Hill, Exeter , EX4 4DN
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 over 30 years at 4.06% 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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