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Glasshouse Lane, Exeter, Devon, EX2

South West

£265,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
844 sqft

Description

This end-of-terrace residence features a practical layout that caters well to families, first-time buyers, or potential investors looking to capitalize on its scope for enhancement. The property boasts a spacious rear garden with both patio and grassy areas, presenting an excellent opportunity for outdoor improvements or personal landscaping projects that could add value. Inside the home, you'll find three generously sized bedrooms distributed across two floors, offering flexible living spaces suitable for various lifestyles—ideal for family use, accommodating guests, or creating a productive home office environment. Being a freehold property, it not only ensures long-term ownership security but also encourages the new owner to infuse their style and preferences into the property. With its advantageous end-of-terrace location and ample outdoor potential, this home is positioned as a valuable investment with significant possibilities in an appealing residential area.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£314/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£324,104
10% above area average per sq ft
Potential ROI
+8.0%
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

Glasshouse 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
£971
Based on a loan of £198,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE