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South Avenue, Heavitree, Exeter

South West

£420,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1063 sqft

Description

This semi-detached property features three bedrooms and offers a valuable opportunity for renovation in the desirable area of Exeter. While the home requires modernisation, it is situated in a vibrant community, with easy access to local amenities such as Heavitree Hospital, Waitrose, and several well-regarded primary and private schools. Additionally, recreational options are close by with a nearby park, making this location attractive for families. The potential to enhance and update this property can significantly increase its value in this sought-after region.

Investment Analysis

(EX1 area)

Above Market Value

This property is priced +15.8% above area average per sq ft

+15.8%
This Property
£395/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£398,907
10% above area average per sq ft
Potential ROI
-15.1%
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

South Avenue, Heavitree, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,515
Based on a loan of £315,000 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

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