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Stanwey, Heavitree, Exeter EX1

South West

£280,000

Listed on 14/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
910 sqft

Description

This detached bungalow presents a significant opportunity for renovation in a sought-after residential neighborhood, conveniently located near local amenities and Heavitree Park. Boasting three generously-sized bedrooms, the layout includes an entrance vestibule leading into a spacious lounge/dining area that features a tiled fireplace and ample natural light from dual aspect windows. The property also offers a kitchen with plentiful storage options, alongside practical features such as a separate cloakroom and an inner hallway providing access to all rooms. Set on a corner plot, the bungalow is surrounded by gardens on three sides and includes a private driveway leading to a detached garage. While this property benefits from UPVC double glazing throughout, it is in need of modernization, allowing prospective buyers to tailor updates to their taste and preferences. The extensive garden space adds potential for landscaping improvements or extensions, making this property an attractive proposition for investors or families alike. With no onward chain, viewing is encouraged for those looking to seize this valuable opportunity.

Investment Analysis

(EX1 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£308/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£342,092
10% above area average per sq ft
Potential ROI
+3.7%
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

Stanwey, Heavitree, Exeter EX1
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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
£1,058
Based on a loan of £210,000 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£280,000£45,000(-13.8%)
30/05/2026
Current price
£325,000£25,000(-7.1%)
19/09/2025
£350,000Initial listing
27/07/2025

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