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Portland Street, Exeter

South West

£225,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This substantial four-bedroom terraced house is ideally situated near Exeter City Centre, offering significant potential for renovation and personalization. Spanning three levels, the property retains charming original features such as sash windows and decorative fireplaces that could be restored to enhance its character. While it currently requires comprehensive updating and modernisation, this presents a unique opportunity for both first-time buyers and investors looking to add value. The layout includes an entrance porch, hallway, spacious lounge/diner, kitchen, bathroom/WC, two bedrooms on the first floor with a separate WC, and two further bedrooms on the top floor. The outdoor space features a rear garden that awaits landscaping or creative ideas. Additionally, parking is available within a resident's zone, making this property suitable for those who commute or seek convenience in urban living. Offered with no onward chain and located close to local amenities including schools and supermarkets, this home is ripe for transformation.

Investment Analysis

(EX1 area)
Area Average
£341/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.5%
5 year growth: +6.7%
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

Portland Street, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 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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