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Ladysmith Road, Exeter

South West

£250,000

Listed on 18/06/2026

Property Details

Bedrooms
N/A
Type
Terraced
Area
972 sqft

Description

This three-bedroom mid-terrace house, located in the desirable Heavitree area of Exeter, presents a unique investment opportunity for those interested in undertaking a comprehensive renovation project. Spanning approximately 972 sq ft (90.3 sq m), the property features an entrance hall, sitting room, separate dining room, kitchen with a lean-to extension, and three bedrooms along with a family bathroom on the first floor. While the property is currently in need of significant refurbishment throughout, it offers ample scope for customization to meet contemporary living standards. Its layout is adaptable, allowing potential buyers to reconfigure spaces to their liking. The rear garden provides additional outdoor space that could be enhanced further. Situated within easy reach of local amenities, reputable schools, and excellent public transport links, this property also benefits from the convenience of no onward chain. This is an appealing prospect for both owner-occupiers and investors looking to capitalize on the vibrant community atmosphere and accessibility of one of Exeter's most sought-after residential locations.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£257/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£365,399
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -4.3%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on EX1 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

Ladysmith 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
£944
Based on a loan of £187,500 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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