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Manor Road, Exeter

South West

£260,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
873 sqft

Description

This three-bedroom Victorian terrace is located in the sought-after St Thomas area of Exeter, presenting a unique opportunity for those looking to invest in a property with character and significant renovation potential. The spacious layout features a bright living room that seamlessly connects to the dining area, creating a welcoming atmosphere for family gatherings or entertaining. The kitchen, positioned at the back of the home, overlooks an impressive garden - a generous space that offers both privacy and potential for landscaping improvements or outdoor living enhancements. Upstairs, two sizeable double bedrooms along with a smaller third room provide versatile options for use as bedrooms or a dedicated home office. The family bathroom retains original features but would greatly benefit from modernisation. With careful attention, this home can be transformed into a stylish residence tailored to contemporary tastes while maintaining its Victorian charm. Being well-maintained over the years allows buyers to enter this project with confidence, making it a promising canvas for personalisation in a thriving community.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£298/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
£319,396
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
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

Manor 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
£938
Based on a loan of £195,000 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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