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Newhayes Close, St.Thomas, EX2

South West

£275,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home presents an excellent opportunity for renovation and investment in a sought-after location. Offering spacious living areas, the property features front and rear gardens, off-road parking, and an integral garage. While the home requires some modernisation to unlock its full potential, it benefits from proximity to local amenities such as shops, schools, and transport links. The layout includes a welcoming hallway leading to a lounge with a gas fire, a kitchen with essential appliances space, and a dining room overlooking the garden. The first floor comprises three well-sized bedrooms and a family bathroom with additional WC facilities. Outside, the generous garden offers various sections for outdoor use, complemented by storage options like a brick-built store and greenhouse. With no onward chain, this property is ready for its next chapter in family living or investment growth.

Investment Analysis

(EX2 area)
Area Average
£347/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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
23%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -8.4%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on EX2 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

Newhayes Close, St.Thomas, EX2
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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