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Whipton Lane, Heavitree, Exeter

South West

£425,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1141 sqft

Description

Located in the sought-after neighborhood of Heavitree, this three-bedroom semi-detached home presents an exciting chance for buyers looking to invest in a property with significant renovation and modernization potential. Constructed in the late 1930s, the house beautifully retains its original architectural character while offering ample opportunities to adapt it for contemporary living.

Just a short walk from Heavitree Pleasure Park, which boasts recreational facilities including tennis courts and a children's play area, this home is in an ideal location for families. It is also close to essential amenities such as local shops, schools, and public transport connections, ensuring everyday convenience. The recently extended ground floor features a spacious kitchen and dining area that can be transformed into an open-plan kitchen/diner/family room, perfect for modern entertaining while enjoying pleasant views over the park.

The property includes practical features such as a downstairs cloakroom WC and energy-efficient gas central heating with uPVC double glazing. The front garden has potential for off-road parking with access via a shared driveway leading to a single garage. Meanwhile, the sunny westerly facing rear garden offers a peaceful space for relaxation or gatherings.

The property's strategic access to the M5 Motorway and Exeter's international airport enhances its appeal not only as a family home but also as an investment opportunity within the vibrant South West region.

Investment Analysis

(EX1 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£372/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£303
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£427,613
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -6.5%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on EX1 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

Whipton Lane, Heavitree, Exeter
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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
£1,505
Based on a loan of £318,750 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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