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Kingsway, Heavitree, Exeter, EX2

South West

£325,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1107 sqft

Description

This generously sized semi-detached family residence is located in a desirable area of the South West, offering convenient access to local amenities, Heavitree Park, esteemed schools, and the Royal Devon & Exeter Hospital. Featuring three well-proportioned bedrooms and a modern first-floor shower room, this property presents ample opportunities for renovation. The layout includes a welcoming reception hall, a spacious sitting room with a marble effect fireplace, an extensive kitchen/dining room equipped with fitted appliances, and a conservatory that opens onto a partially landscaped rear garden. The utility room adds practicality while the cloakroom enhances convenience. Outside, you'll find a double-width driveway providing parking for two vehicles alongside a single garage/store. Furthermore, the insulated roof space offers excellent potential for conversion into additional living accommodation (subject to necessary consents). Although the home has been maintained over the years, some cosmetic updates could elevate its appeal significantly. This property is being sold with no onward chain, making it an attractive option for buyers looking to invest or renovate.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£294/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£418,767
10% above area average per sq ft
Potential ROI
+14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX2)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -8.4%
5 year growth: +6.3%
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

Kingsway, Heavitree, Exeter, EX2
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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
£1,228
Based on a loan of £243,750 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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