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St. Leonards Road, Exeter, Devon, EX2

South West

£1,000,000

Listed on 15/06/2026

Property Details

Bedrooms
7
Type
Detached
Area
4623 sqft

Description

This impressive period townhouse, spanning over 4,600 sq ft, offers an exceptional opportunity for renovation and investment. Nestled in a desirable residential area known for its charming tree-lined streets and elegant architecture, this Grade II listed property is steeped in character yet requires modernization to realize its full potential. The accommodation is arranged across four spacious floors, featuring high ceilings and original details that reflect the grandeur of its Edwardian origins. The ground floor comprises a welcoming entrance hall leading to a variety of reception rooms, including a sitting room and living room with period fireplaces, both benefiting from access to the garden terrace. The generous kitchen/breakfast area centers around an Aga and opens onto an extensive mature walled garden – a perfect setting for creating outdoor living spaces. The expansive basement holds great promise for conversion into additional living areas like a cinema or gym (subject to necessary approvals), while the upper floors host seven well-proportioned bedrooms. Given the size and layout, there’s significant scope for reconfiguring the space to suit modern family living. Completing this home are off-street parking options and proximity to Exeter's vibrant city center with excellent transport links, making it attractive for families and professionals alike. Overall, this property's mix of charm and potential positions it as an ideal candidate for an ambitious renovation project.

Investment Analysis

(EX2 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£216/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£1,748,835
10% above area average per sq ft
Potential ROI
+52.1%
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

St. Leonards Road, Exeter, Devon, 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
£3,778
Based on a loan of £750,000 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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