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Knowle Drive, Exwick, Exeter, EX4

South West

£230,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
765 sqft

Description

This semi-detached bungalow is situated in a prime location, offering excellent access to local amenities and transport links, including bus services to Exeter city centre and St Davids railway station. With two double bedrooms and an enclosed rear garden, the property presents a promising renovation opportunity for investors or homeowners looking to modernize. The layout includes a lounge/dining area, kitchen, and a bathroom that all require updating to meet contemporary standards. Additional features include uPVC double glazing, gas and electric heating systems, along with a driveway and garage, adding practical value. Given its favorable residential setting and no onward chain, this bungalow has significant potential for transformation into a desirable living space. Early viewing is advised to fully appreciate its capabilities.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£301/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£281,860
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
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

Knowle Drive, Exwick, Exeter, EX4
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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
£830
Based on a loan of £172,500 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.

Next Steps

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