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Newhayes Close, Exeter

South West

£290,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached house offers a solid foundation for renovation in the desirable St Thomas area of Exeter. With three bedrooms and two reception areas, this property presents an opportunity for buyers looking to apply their personal touch and improve its value. The location is particularly advantageous, with proximity to well-regarded schools, a variety of supermarkets, and local shops all within easy reach. Additionally, excellent transport links provide quick access to the M5 and A38, making commuting convenient. Set on a low-maintenance plot, the exterior features both front and rear gardens along with off-road parking. The rear garden includes a summer house and has direct gated access to Cowick Barton Recreation Ground—an appealing aspect for families and pet owners. Inside, the layout comprises a living room with a fireplace, a dining room that leads into a conservatory offering light-filled views of the garden, and a kitchen equipped with essential fixtures but in need of modern updates. The bedrooms are well-sized; the main bedroom includes built-in wardrobes while the second bedroom provides pleasant views over the rear garden. This property is being offered chain-free, making it an ideal prospect for renovators or investors seeking to create added value in a sought-after neighborhood. With its renovation potential and favorable location, it certainly warrants consideration from those looking to invest in Exeter’s real estate market.

Investment Analysis

(EX2 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on EX2 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

Newhayes Close, 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
£1,062
Based on a loan of £217,500 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