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Exeter, Devon

South West

£350,000
Listed on 18/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
2451 sqft

Description

This impressive Grade II listed townhouse is a significant property offering over 2,450 sq ft of living space across four levels. While it requires extensive modernization, it holds remarkable potential for transformation while preserving its historic charm with features such as high ceilings, traditional window shutters, period fireplaces, and attractive wood flooring. The well-designed ground floor encompasses a spacious bay-windowed sitting room that leads into a formal dining area—ideal for both daily activities and entertaining guests. The kitchen/breakfast room at the rear presents an opportunity for reconfiguration to cater to contemporary lifestyle demands. A convenient ground floor WC adds functionality to this layout. On the upper floors, five generously sized bedrooms are complemented by two bathrooms and an additional shower room, providing adaptable accommodation suitable for families or visitors. Outdoors, the property boasts front and rear gardens, delivering outdoor space that is often hard to come by in townhouses of this era. Situated under a mile from Exeter's city centre, it benefits from easy access to shopping venues, leisure activities, and educational institutions. With no onward chain involved in the sale, this property represents a remarkable investment prospect.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -56.8% below area average per sq ft

-56.8%
Potential saving
This Property
£143/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£891,870
10% above area average per sq ft
Potential ROI
+89.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -2.0%
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

Exeter, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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

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