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Willeys Avenue, Exeter, Devon, EX2 8ES

South West

£120,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end of terrace property presents a promising renovation project in the sought-after St Thomas area. Offering two reception rooms, a galley kitchen, three spacious double bedrooms, and a family bathroom, the layout is functional and ready for transformation. Adding to its appeal is the garage and a cozy courtyard garden that opens up possibilities for outdoor enhancements. Upon entering from the side door, you are greeted by the first reception room, which could be reimagined as an inviting dining space. Adjacent to this is the second reception room that complements the home's versatile living options. The kitchen at the rear features essential storage with wall and floor cupboards, although an update would greatly improve its functionality and appeal. The first floor accommodates three double bedrooms along with a family bathroom equipped with a classic three-piece suite, providing ample space for families or potential tenants. The outdoor courtyard garden and generous garage further add value, offering opportunities for both personal use or rental enhancement. With residential parking permits available through Exeter City Council, this property stands as an excellent opportunity for those looking to invest in a renovation that could significantly increase both living quality and market value.

Investment Analysis

(EX2 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
18%
Properties sold annually

Local Market Trend (EX2)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -7.2%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on EX2 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

Willeys Avenue, Exeter, Devon, EX2 8ES
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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
£440
Based on a loan of £90,000 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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