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Manor Road, Exeter

South West

£250,000

Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
873 sqft

Description

This classic three-bedroom Victorian terrace located in the desirable St Thomas area of Exeter presents a promising opportunity for those looking to invest in a property with substantial renovation potential. The spacious layout and characterful features make it an appealing choice for buyers eager to customize their living space. Nestled in a quiet location, this home boasts a generous and private rear garden with convenient gated access. This outdoor space is not only ideal for relaxation but also offers room for landscaping or gardening projects, enhancing the overall value of the property. Internally, you will find well-proportioned rooms including two sizable double bedrooms and a third smaller bedroom which could serve as a nursery or home office. The family bathroom is functional but could benefit from modernization. The ground floor provides an inviting living area that flows into the dining space, fostering a sociable atmosphere for entertaining. The kitchen, overlooking the garden, opens into a useful lean-to area that further connects the indoor and outdoor environments. While the home has been well-maintained over the years, it requires general updating, allowing prospective owners to implement their vision and create a contemporary living environment tailored to their preferences.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£286/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £35,000
Target Value
£315,411
10% above area average per sq ft
Potential ROI
+10.7%
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
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.7%
5 year growth: +10.6%
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

Manor Road, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-3.8% since listed
£250,000£10,000(-3.8%)
09/04/2026
Current price
£260,000Initial listing
24/03/2026

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