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Brookway, Exeter EX1 3JJ

South West

£120,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
657 sqft

Description

This two-bedroom maisonette on the first floor presents a unique opportunity for those looking to invest in a full renovation project in the desirable Whipton area of Exeter. With no onward chain, this property invites buyers to reimagine its potential according to personal tastes and requirements. The layout includes two well-sized bedrooms, a spacious living room, kitchen, and bathroom, along with on-street parking and a private garden accessible via side access. In need of comprehensive refurbishment, this maisonette is particularly well-suited for investors or first-time buyers eager to enhance value through modernization. Opportunities abound for interior reconfiguration; potential renovations could include combinative living and kitchen spaces for modernity or upgrading existing fittings in both the kitchen and bathroom. The private garden offers further possibilities for landscaping to create an outdoor retreat. Located conveniently on Brookway, residents will benefit from nearby shops, cafés, and public transport links into Exeter city center as well as reputable schools close by. This property stands out as a blank canvas waiting for transformation into a stylish home or lucrative investment in a thriving residential community.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -46.5% below area average per sq ft

-46.5%
Potential saving
This Property
£183/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£246,549
10% above area average per sq ft
Potential ROI
+54.1%
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

Brookway, Exeter EX1 3JJ
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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
£433
Based on a loan of £90,000 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.

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