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Lichgate Road, Alphington, Exeter

South West

£240,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This spacious two-bedroom mid-terrace house is situated in a well-regarded residential cul-de-sac, presenting an excellent opportunity for renovation and investment. With no onward chain, the property features a welcoming entrance porch leading into a generous dual-aspect living/dining space that can be transformed into a modern entertaining area. The separate kitchen offers potential for upgrades, while upstairs, two bedrooms and a family bathroom await your personal touch. Outside, the enclosed rear garden with its brick-paved patio and raised decking provides a charming outdoor space that could be enhanced further to create an appealing alfresco area. Additionally, the front garden laid to lawn has scope for redesign or landscaping. Located conveniently near local amenities and transport links to Exeter city centre, this property not only benefits from its tranquil setting but also boasts significant potential for refurbishment that can enhance its value in this sought-after area.

Investment Analysis

(EX2 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Lichgate Road, Alphington, Exeter
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 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.

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