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Bonnington Grove, Heavitree, Exeter, EX1

South West

£300,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1042 sqft

Description

This mid-terraced house offers a generous layout and is located in a sought-after residential area, making it an appealing investment for those looking to modernize. The property features three spacious bedrooms, a first-floor bathroom, and well-proportioned living spaces including a sitting room and separate dining room. The kitchen has basic fittings and with the right updates can be transformed into a contemporary space. Additional highlights include gas central heating, uPVC double glazing, and an enclosed rear garden with access to a single garage. There’s also potential for loft conversion subject to necessary consents, providing further opportunities for expansion. Ideal for buyers seeking to renovate according to personal preferences while benefiting from nearby amenities such as schools and local parks. Offered with no onward chain, this property invites creative vision for modernization.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£288/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£389,593
10% above area average per sq ft
Potential ROI
+16.3%
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

Bonnington Grove, Heavitree, Exeter, EX1
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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
£1,099
Based on a loan of £225,000 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