Worst House on the Street Logo
St Leonards, Exeter - Image 1
St Leonards, Exeter - Image 2
St Leonards, Exeter - Image 3
St Leonards, Exeter - Image 4
St Leonards, Exeter - Image 5
St Leonards, Exeter - Image 6
St Leonards, Exeter - Image 7
St Leonards, Exeter - Image 8
St Leonards, Exeter - Image 9
St Leonards, Exeter - Image 10
St Leonards, Exeter - Image 11

St Leonards, Exeter

South West

£495,000
Listed on 10/11/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1610 sqft

Description

This Edwardian townhouse presents a distinctive opportunity for renovation and investment, situated in the desirable St Leonards area. Its prime location offers proximity to Magdalen Road's diverse shops, the scenic Exeter Quayside, and is conveniently less than a mile from the City Centre, making it an attractive option for families and professionals alike. The property spans three floors, providing ample space that can be optimized with modern updates. Upon entering, you're greeted by an entrance hall adorned with original tiled flooring, leading into a spacious bay-fronted living room equipped with a fitted gas fire. This area seamlessly flows into a dining room that connects to a versatile lean-to conservatory—ideal for additional living space or garden views. The kitchen/breakfast room features an exposed brick wall that adds character and includes wooden cabinetry, while an extension at the rear introduces a practical utility area with laundry space and a separate WC. On the upper levels, the first floor accommodates three well-sized bedrooms along with a family bathroom. The top floor holds two more bedrooms; one of these boasts lovely views stretching towards Exeter Cathedral, emphasizing the potential for creating inviting living spaces. Located within walking distance of essential amenities, healthcare facilities, and educational institutions—including both private and state schools as well as Exeter University—this property is positioned elegantly for family life. The vibrant city also offers extensive sports and leisure options along its riverside, alongside cultural attractions such as theatres and museums. With Exeter St David's train station providing convenient rail links to London Paddington and Exeter Airport just five miles away, accessibility is another strong feature of this location. As part of the St Leonards Conservation Area, this property not only carries historical significance but also benefits from Zone L 'Residents Parking'. This opens further potential for value appreciation through thoughtful renovations tailored to modern living standards while preserving its unique architectural charm.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£307/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£621,887
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -5.6%
5 year growth: 9.3%
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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Location

St Leonards, Exeter
Loading map...