Worst House on the Street Logo
Belmont Road, Exeter, Devon, EX1 - Image 1
Belmont Road, Exeter, Devon, EX1 - Image 2
Belmont Road, Exeter, Devon, EX1 - Image 3
Belmont Road, Exeter, Devon, EX1 - Image 4
Belmont Road, Exeter, Devon, EX1 - Image 5
Belmont Road, Exeter, Devon, EX1 - Image 6
Belmont Road, Exeter, Devon, EX1 - Image 7
Belmont Road, Exeter, Devon, EX1 - Image 8

Belmont Road, Exeter, Devon, EX1

South West

£140,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
602 sqft

Description

This top floor two-bedroom apartment, set within a charming Grade II listed building in the vibrant heart of the City Centre, presents an excellent opportunity for those looking to invest or embark on a personal renovation project. Conveniently located near local amenities, shops, the RD&E hospital, and public transport links, it also boasts easy access to both St Luke's and Streatham University Campus. The layout features a bright living room that invites natural light, alongside a separate modern kitchen. Both double bedrooms offer impressive views, complemented by a well-sized bathroom and generous storage space. Outside, residents can enjoy the beautifully maintained communal garden. While the property is in need of some updating, it holds significant potential for transformation into a stylish home or rental investment for first-time buyers or landlords.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%
Potential saving
This Property
£233/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£225,910
10% above area average per sq ft
Potential ROI
+32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.5%
5 year growth: +6.7%
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

Belmont Road, Exeter, Devon, EX1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development