Nelson Road, Exeter
South West
£230,000
Listed on 23/09/2026
Listed on 23/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
878 sqftFeatures
- Garden
Description
This three-bedroom Victorian mid-terrace in St Thomas is arranged over two floors and is offered with no onward chain. The ground floor has an entrance hall, a through sitting and dining room, and a kitchen/breakfast room extended into the side return. Upstairs are three bedrooms and a bathroom. Period features remain, and the property is described as requiring refurbishment, giving a buyer scope to update the accommodation to their requirements.
At the rear, a courtyard provides outdoor space. St Thomas Park is nearby, with shops and services along Cowick Street and at the St Thomas precinct. Exeter St Thomas station is around 200 metres away, and local bus services, schools, the Quayside and the city centre are within reach.
The property is freehold, has gas central heating and mains water and drainage, and is in Council Tax Band B. The stated Energy Efficiency Rating is C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £250,000, this Victorian terrace is priced around 13% below the local average per square foot, making the asking price a clear acquisition strength. The three-bedroom home has a generous through reception room with period fireplace details, a side-return kitchen extension and a private courtyard, with St Thomas Park nearby and the station about 200 metres away.
The visible rooms offer a medium-scale project: dated finishes and worn flooring create scope to refresh the interiors, while the kitchen extension’s unfinished section could be completed to suit your plans. Ceiling staining appears in several interior views, so its cause should be investigated before repairs; the photographs show no obvious major structural failure.
Key opportunities
- Acquire below the local average asking price per square foot, with scope to create value through a considered refurbishment.
- Refresh the dated reception rooms while retaining and complementing the visible period fireplace details.
- Complete and update the side-return kitchen extension, and make the compact courtyard a more inviting outdoor space.
Key risks
- Ceiling staining is visible in several interior views; investigate the cause and extent before planning repairs.
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Transport
Nearest stations
Exeter St Thomas Rail Station
0.2 miles
Train · Exeter City Centre
Exeter Central Rail Station
0.8 miles
Train · Exeter City Centre
Exeter St Davids Rail Station
0.8 miles
Train · Exeter City Centre
Marsh Barton
1.3 miles
Train · Marsh Barton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£940
Based on a loan of £172,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-8.0% since listed
£230,000£20,000(-8.0%)
27/10/2026£250,000Initial listing
23/09/2026Services
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