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Hill Rise, Exeter, EX1 3NF

South West

£180,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
864 sqft

Description

This end-terrace property in Hill Rise, Exeter, spans an area of 864 sq ft and is being offered via an unconditional auction. Ideal for both investors and those looking to undertake a personal renovation project, this home presents a unique opportunity to modernise and enhance its value. The location within a well-established residential neighbourhood provides easy access to local amenities, schools, public transport, and the city centre. The layout features a spacious ground floor which includes a sizeable lounge (207.64 sq ft), a practical kitchen (59.40 sq ft), and a utility room (50.50 sq ft) that leads out to a private rear garden. Upstairs, you'll find three well-sized bedrooms (135.63 sq ft, 93.08 sq ft, and 69.69 sq ft) along with a bathroom (26.79 sq ft) and additional WC. While the home requires updating throughout, it offers solid potential for enhancement with opportunities to tailor the interiors according to personal preferences or market demands. Whether pursued as a family home or an investment for rental income or resale, this property holds significant promise in terms of transformation and appreciation in value.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£208/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£323,136
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -5.5%
5 year growth: +5.8%
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

Hill Rise, Exeter, EX1 3NF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% 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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