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Grecian Way, Broadfields, Exeter

South West

£224,950
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced house presents a promising opportunity for renovation enthusiasts and investors alike. Featuring two generously sized double bedrooms, the property is ready for cosmetic upgrades that could significantly enhance its value. Located in the desirable Broadfields area, it benefits from convenient access to reliable public transport, esteemed local schools, and major road links to the city center. Inside, you'll find a welcoming entrance porch leading into a hallway that connects to a spacious living/dining area with patio doors that open onto a private garden—ideal for those looking to create an outdoor retreat. The separate kitchen provides further potential for modernisation. Both bedrooms offer ample space, with room for creative enhancements, while the bathroom is ready for an update to meet contemporary standards. The exterior includes an enclosed garden featuring a paved patio and additional landscaping potential in another section of the yard. A pedestrian gate leads to a pathway that grants access to communal garages, where you’ll find your own single garage. The property also has a small front garden laid to lawn, which could be revitalised with some landscaping. Overall, this home offers substantial potential for transformation in a sought-after location.

Investment Analysis

(EX2 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -7.2%
5 year growth: 7.6%
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

Grecian Way, Broadfields, Exeter
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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
£824
Based on a loan of £168,712 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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