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Elizabeth Avenue, Exeter

South West

£280,000
Listed on 17/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1044 sqft

Description

This four-bedroom family home presents a robust opportunity for renovation and investment, particularly for those looking to infuse their personal style into a property with strong potential. Located within walking distance of Exeter City Centre, it combines accessibility with the charm of a residential area. Entering the home, you are greeted by an entrance hall that leads into two spacious reception rooms. The front living room is filled with natural light from its large window, while the dining room at the back offers a cozy space for gatherings and has patio doors that connect seamlessly to the rear garden. The fitted kitchen provides ample space and functionality, with opportunities for modernization. Upstairs, there are four bedrooms that offer flexibility for use; one can easily serve as a home office or study. The upper level also includes a family bathroom and a separate WC, both of which could benefit from updates. The front garden enhances curb appeal and provides the potential (subject to planning permission) to create off-road parking—a valuable asset in this location. The expansive rear garden is particularly noteworthy; it offers privacy along with a brick-built outbuilding for additional storage needs, as well as another outdoor WC. This outdoor space is perfect for gardening enthusiasts or those wanting to create their own sanctuary. Set in a sought-after neighborhood, this home sits conveniently close to Stoke Hill Primary School and St James Secondary School, making it attractive for families. With no onward chain, this property invites buyers eager to personalize their living space while capitalizing on its inherent value. The possibilities here are vast—whether you envision modernizing interiors or enhancing outdoor spaces, this residence is ready to become your canvas.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£268/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,384
10% above area average per sq ft
Potential ROI
+19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: 17.3%
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

Elizabeth Avenue, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE