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Wayland Avenue, Exeter, Devon EX2

South West

£500,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Nestled in the sought-after area of St Leonards, this three-bedroom semi-detached property presents a significant opportunity for both homeowners and investors. The layout includes a spacious entrance hallway leading to a bay-windowed living room that seamlessly connects to the dining room, which has direct access to a sizable rear garden. The fitted kitchen is functional but could benefit from modernisation. Upstairs, you will find three bedrooms, with the principal room boasting ample space and natural light, alongside a family bathroom and separate WC. Notably, the property features a garage and offers excellent potential for extension or loft conversion, pending the necessary planning approvals. Ideally located near reputable schools, local shops on Magdalen Road, the rd&;E Hospital, picturesque river walks, and Exeter city centre; this home is being sold chain-free, making it an attractive proposition for those looking to invest in an area with great amenities and growth prospects.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Wayland Avenue, Exeter, Devon EX2
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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
£1,889
Based on a loan of £375,000 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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