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Blackboy Road, Exeter

South West

£375,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1695 sqft

Description

This three-bedroom terraced house, located in the desirable Mount Pleasant area of Exeter, presents a prime opportunity for renovation and investment. With no onward chain, this property features both front and rear gardens, as well as two single garages at the rear equipped with power and lighting—ideal for storage or off-road parking. Although the interior would benefit from some updates, it already boasts a modern kitchen that was installed within the last 18 months, full double glazing throughout, and a recently replaced boiler, providing a solid foundation for further enhancements. Conveniently situated within close proximity to Exeter city centre, the RD&E Hospital, train stations, and a wide array of local amenities, this property is also near the Polsloe and Heavitree areas which offer various independent shops and cafés. Additionally, well-regarded schools and transport links are easily accessible. The layout includes an entrance porch leading into a hallway adorned with a charming stained glass panel—accessing the spacious living room enhanced by a bay window. The separate dining room opens through French doors to the rear garden, promoting seamless indoor-outdoor living. The updated kitchen features an array of matching units with fitted worktops and spaces for essential appliances. A convenient lobby connects to the garden as well as to a cloakroom that houses the boiler. The first floor accommodates three generously-sized double bedrooms; the principal bedroom benefits from a bay window and built-in wardrobe while bedroom two overlooks the serene rear garden. A well-appointed bathroom completes this level along with additional storage on the landing. Outside offers an enclosed front garden enhancing street appeal while the rear garden is predominantly laid to lawn with mature plants lining its borders. The two garages behind can serve multiple purposes such as parking or workshop space—adding significant utility to this property’s overall value.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -32.6% below area average per sq ft

-32.6%
Potential saving
This Property
£221/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£612,395
10% above area average per sq ft
Potential ROI
+47.6%
After renovation
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

Blackboy Road, 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
£1,417
Based on a loan of £281,250 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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