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Iolanthe Drive, Exeter

South West

£225,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
House

Description

This three-bedroom property in the popular area of Beacon Heath, Exeter, offers a versatile layout over two levels and significant renovation potential. The ground floor features a separate kitchen with ample storage that could benefit from modern updates to enhance functionality. The spacious lounge serves as the primary gathering space, complemented by a sun room at the rear that provides additional living space and direct garden access—ideal for creating an open, inviting atmosphere for relaxation and entertaining. On the first floor, the layout includes three well-proportioned bedrooms, with one offering an en-suite for added privacy. The remaining bedrooms are adaptable for families or can serve as guest rooms or a home office. A family bathroom is centrally located for convenience. Externally, the low-maintenance garden is easily accessible from the sun room, offering an opportunity for landscaping or personal touches to further enhance outdoor enjoyment. With a garage included for secure parking or storage needs, this property presents an appealing canvas for those looking to invest in renovations that could significantly increase value while making it their own. Located conveniently near local amenities and transport links into Exeter city center, this home represents a valuable investment opportunity in a sought-after residential area.

Investment Analysis

(EX4 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

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
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.7%
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

Iolanthe Drive, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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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