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Honiton Road, Exeter, EX1

South West

£335,000

Listed on 12/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1104 sqft

Description

This semi-detached property presents an excellent opportunity for families and investors alike, ideally located for easy access to the city centre and major travel routes. While certain rooms boast fresh décor, others such as the kitchen and bathroom require updating, offering substantial potential for enhancement and personalisation to create a truly exceptional family home. The spacious front garden welcomes you with a path leading to a sheltered storm porch that opens into a hallway. The ground floor features a generous open-plan living and dining area with bay windows, which provides a natural separation allowing for both comfortable living and dining spaces. A snug area with folding doors opens onto the rear garden, augmented by a skylight that adds an airy feel. The kitchen is functional but could benefit from modernisation, featuring integrated appliances and potential for utility conversion in an adjacent cupboard. Upstairs, three bedrooms are complemented by built-in storage, while the bathroom contains traditional fixtures needing refreshing. Outside, the expansive front lawn with mature trees leads to an inviting rear garden designed for entertaining, complete with patio seating and well-maintained borders. This property not only offers comfortable living space but also room for significant improvement, making it a compelling investment prospect.

Investment analysis

(EX1 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£303/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£416,782
10% above area average per sq ft
Potential ROI
+11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -4.5%
5 year growth: +6.4%
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

Honiton Road, Exeter, EX1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,266
Based on a loan of £251,250 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-4.3% since listed
£335,000£15,000(-4.3%)
12/07/2026
Current price
£350,000Initial listing
13/11/2025

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