Newman Road, Exeter

South West

£180,000

Listed on 16/03/2026

Property Details

Bedrooms

Type

Semi Detached

Area

785 sqft

Description

This three-bedroom semi-detached property offers significant potential for renovation and investment. Located in a convenient area, the home features a lounge, kitchen, and bathroom on the ground floor, accompanied by two generously sized double bedrooms and a single bedroom upstairs. Externally, there are expansive gardens and a garage accessible via a shared driveway. Given that this property is of non-standard construction and available only to cash buyers, it presents an ideal opportunity for those looking to undertake modernisation and create their own tailored living space. With ample room for improvement throughout, prospective buyers can envision transforming this house into a desirable family home.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%

Potential saving

This Property

£229/sq ft

Area Average

£333/sq ft

Avg Rent (weekly)

£321

Avg Yield

5.6%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£287,200

10% above area average per sq ft

Potential ROI

+30.5%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

17%

Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.4% over the last 12 months

3 year growth: -0.9%

5 year growth: +14.6%

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

Newman Road, Exeter

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£649

Based on a loan of £135,000 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.