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Flay Field, Tithebarn, Exeter EX1 3YA

South West

£280,000
Listed on 25/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
743 sqft

Description

Located in the highly sought-after Tithebarn area, this semi-detached three-bedroom home presents a noteworthy opportunity for renovation and investment. While the property is generally well-maintained, there is potential to enhance its appeal further through thoughtful updates. The ground floor features a bright living room and an open-plan kitchen/dining area that opens onto a spacious rear garden—ideal for outdoor gatherings or play areas for children and pets. Additionally, the layout includes a practical downstairs W/C. Upstairs, you will find three generously-sized bedrooms, with the master benefiting from an en-suite bathroom, complemented by a modern family bathroom. The property occupies a larger than average plot, providing ample space on the side and opportunities for further development (subject to planning approval). For families or professionals looking to invest in an emerging neighborhood, this home offers excellent access to local amenities including a Tesco Express and the Strawberry Fields Farm Shop & Café, both within walking distance. Furthermore, it is conveniently situated near well-regarded schools and Minerva Country Park, which offers lovely walking trails. Given its proximity to major transport routes like the A30 and M5 as well as easy access to Pinhoe railway station, this home serves as a practical base for commutes into Exeter or beyond. With double glazing and a community heating system already in place, any renovations could focus on personalizing spaces rather than structural issues. This property is particularly appealing not just for first-time buyers but also investors looking for long-term appreciation in value while being part of a vibrant community.

Investment Analysis

(EX1 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£377/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£277,800
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.0%
5 year growth: 10.6%
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

Flay Field, Tithebarn, Exeter EX1 3YA
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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
£1,026
Based on a loan of £210,000 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