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Hillyfield Road, Exeter

South West

£230,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
829 sqft

Description

This well-loved three-bedroom terraced home has been in the same family for over two decades, presenting a unique chance for first-time buyers, families, or investors looking for a renovation project. While the property has been maintained with care, there is an opportunity to modernize and personalize it to meet contemporary tastes and standards. Upon entry, you will find a spacious hallway that welcomes you into the home. The bright dual-aspect living room features large windows and French doors that lead directly to the garden, offering a versatile space ideal for both relaxation and entertaining. The kitchen is functional with ample storage and worktop space, along with room for dining and necessary appliances. A separate utility room provides additional storage and contains a recently updated boiler. The kitchen also grants convenient access to the sizeable rear garden. Upstairs, the three bedrooms are all well-sized, featuring large windows that fill them with natural light. The first floor includes a family bathroom equipped with essential fixtures, along with a separate WC. The expansive rear garden is fully enclosed and offers great potential for outdoor activities or landscaping projects. Additionally, off-road parking at the front adds practicality in this desirable location. Situated near Exeter City Centre and local amenities such as shops and transport links, this property holds significant investment potential while retaining its charming character.

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Investment analysis

(EX1 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£277/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£312,964
10% above area average per sq ft
Potential ROI
+18.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX1)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -4.5%
5 year growth: +6.4%
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

Hillyfield 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
£869
Based on a loan of £172,500 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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