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Ludwell Lane, Exeter, Devon, EX2

South West

£210,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1200 sqft

Description

This semi-detached residence presents a promising chance for those looking to invest in a spacious family-oriented property ripe for renovation. With a flexible and generous layout, this home offers three distinct reception areas, including a lounge, dining room, and bright conservatory overlooking the expansive garden – perfect for enhancing natural light throughout the space. A convenient downstairs W.C. contributes to the practicality of the ground floor, which can be adapted to cater to modern living preferences. The large rear garden is an attractive feature that not only provides space for leisure activities but also opens up possibilities for landscaping or even extension, making it an ideal canvas for buyers with vision. On the upper level, four bedrooms provide ample accommodation for families or those needing extra space for guests or home offices. This area is well-suited to refurbishment, allowing incoming owners to customize their environment according to contemporary standards. Additional advantages include residents' parking in this well-established locale, enhancing convenience. Overall, this freehold property stands out as an investment opportunity with significant potential for transformation into a desirable family dwelling.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -49.9% below area average per sq ft

-49.9%
Potential saving
This Property
£175/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£460,812
10% above area average per sq ft
Potential ROI
+77.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.4%
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.

Location

Ludwell Lane, Exeter, Devon, EX2
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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
£769
Based on a loan of £157,500 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