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Rewe, Exeter

South West

£365,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1246 sqft

Description

This three-bedroom detached property sits on a spacious plot in the charming village of Rewe and boasts expansive views of the surrounding countryside. While it currently requires some modernization, it presents an excellent opportunity for buyers looking to invest in a home they can tailor to their preferences. The accommodation provides generous living spaces including a lounge with an open fireplace, a separate dining room, and a well-sized kitchen alongside a utility room. The first floor features three good-sized bedrooms, each with captivating views, as well as a family bathroom. The outside space is equally appealing, featuring a large garden ideal for outdoor activities and gardening enthusiasts, alongside off-road parking and a garage enhancing convenience. With its potential for refurbishment and the desirable rural setting, this property could be transformed into a wonderful family home.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -12.1% below area average per sq ft

-12.1%
Potential saving
This Property
£293/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£456,752
10% above area average per sq ft
Potential ROI
+12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by +4.9% over the last 12 months
3 year growth: -0.5%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on EX5 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

Rewe, 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
£1,316
Based on a loan of £273,750 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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