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Exe View, Exminster, Exeter, EX6

South West

£135,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
829 sqft

Description

This mid-terraced cottage offers a promising opportunity for renovation and investment in a desirable village setting on the outskirts of Exeter. With two generously sized bedrooms and a layout that lends itself to modernization, the property is ready for a new owner to realize its full potential. Inside, the cottage features a sitting room with an inviting cast iron fireplace, providing a cozy focal point for the space. Adjacent is a separate dining room, also highlighted by another charming fireplace and built-in storage, making it an ideal spot for entertaining. The kitchen includes base and eye-level cupboards and leads to a utility room with plumbing options, further enhancing functionality. The first floor comprises two bedrooms, each offering pleasant views through double-glazed windows. The shower room is equipped with essential fixtures but could benefit from updates to enhance comfort and style. Throughout the property, gas central heating and uPVC double glazing contribute to energy efficiency. Outside, the front garden boasts a raised timber-decked terrace, perfect for outdoor leisure or as an inviting entryway. At the rear, an enclosed courtyard garden presents additional space for gardening or relaxation. Located conveniently close to local amenities, this property not only provides comfortable living but also holds significant renovation potential. With no onward chain, it presents an expedient purchase for those looking to invest in real estate in this growing area. Viewing is highly recommended to fully appreciate what this cottage has to offer.

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -53.5% below area average per sq ft

-53.5%
Potential saving
This Property
£163/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£319,028
10% above area average per sq ft
Potential ROI
+93.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -5.8%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on EX6 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.

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Location

Exe View, Exminster, Exeter, EX6
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