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Blackboy Road, Exeter

South West

£360,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1288 sqft

Description

This detached family residence, situated in a conservation area of Exeter, presents an excellent opportunity for renovation enthusiasts. Boasting three generously sized double bedrooms and a family bathroom on the upper level, this property showcases the distinctive features of its 1930s architecture, including large curved bay windows that enhance its character. The ground floor comprises a spacious entrance hall leading to a kitchen, living room with sliding doors to the garden, and a dining room with a front aspect bay window. While the home is in need of comprehensive modernisation throughout, it holds substantial potential to evolve into a beautiful family dwelling in a prime location that's only a short stroll from the vibrant city centre. Outside, the property offers a private driveway providing parking for multiple vehicles and access to a garage. The expansive rear garden serves as an inviting outdoor space ideal for gardening or entertaining guests. Notably, there is asbestos present in the garage roof, which should be considered during renovations. Additionally, please note that there is currently a tenant who wishes to remain in situ.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£280/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£333
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£474,557
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on EX4 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

Blackboy Road, 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
£1,298
Based on a loan of £270,000 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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