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Spinney Close, Broadfields, Exeter

South West

£275,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
800 sqft

Description

Nestled in a peaceful cul-de-sac, this classic semi-detached residence offers a significant opportunity for those looking to invest or modernize. Featuring three spacious bedrooms, the property boasts panoramic city views that can be enhanced with thoughtful renovations. The corner plot presents potential for a side extension, subject to planning approval, making it an enticing prospect for expansion.

Upon entrance, you are greeted by a reception hall that leads to the front lounge, dining area, and kitchen. There is notable potential for an open-plan kitchen/diner that takes advantage of the breathtaking views and the property's sunny westerly aspect—a design sure to attract natural light throughout the day.

The first floor hosts a family bathroom servicing all bedrooms, providing essential facilities. Existing features include gas central heating and uPVC double glazing, which contribute to energy efficiency year-round.

Externally, the front garden is flat and could be converted into off-road parking suitable for two vehicles. The rear garden slopes away from the home and offers ample space for creative landscaping; envision creating a large decking area ideal for social gatherings while enjoying stunning views—an inviting setting for outdoor entertaining. Additionally, there is a detached garage and parking space located at the bottom of the garden.

This property is conveniently situated near local bus routes and reputable schools such as St Peters C of E Language College and Woodwater Academy Primary School, making it ideal for families. Just a short walk away lies Ludwell Valley Park, appealing to both dog walkers and nature enthusiasts alike.

With strong interest expected, early viewings are advised.

Investment Analysis

(EX2 area)

Above Market Value

This property is priced 0.0% above area average per sq ft

0.0%
This Property
£344/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
£302,632
10% above area average per sq ft
Potential ROI
-3.9%
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

Spinney Close, Broadfields, 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
£1,039
Based on a loan of £206,250 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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