Newtown Close, Exeter, Devon EX1
South West
£150,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
Property details
Bedrooms
2Type
FlatArea
759 sqftDescription
This two-bedroom first-floor apartment is offered with no onward chain and is located in Newtown, within walking distance of Exeter city centre, the RD&E and local shops. The accommodation comprises a living and dining room, a separate kitchen, two double bedrooms, a bathroom and storage. The property is described as needing modernisation, providing scope for updating. The EPC rating is C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
70out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £150,000, this two-bedroom flat is priced well below the local average per square foot, making the asking price a clear opportunity to acquire. It offers separate living and kitchen spaces, two bedrooms and a short walk to the city centre, the RD&E and local shops. The interiors are dated, with heavily marked living-room flooring and visible wear to the kitchen ceiling; the bathroom also has some incomplete or damaged tilework. These are clear, mostly cosmetic areas to refresh, with a renovation range of £6,500–£15,000. The property is being sold following an offer of £155,000, so check the current position with the agent.
Key opportunities
- Acquire at an asking price well below the local average per square foot.
- Refresh the dated wall finishes and replace the heavily marked living-room flooring.
- Improve the kitchen ceiling finish and address the incomplete or damaged bathroom tilework.
Key risks
None recorded.
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Transport
Nearest stations
St James Park (Devon) Rail Station
0.4 miles
Train · Exeter City Centre
Exeter Central Rail Station
0.7 miles
Train · Exeter City Centre
Polsloe Bridge Rail Station
0.8 miles
Train · Polsloe Bridge
Exeter St Thomas Rail Station
1.1 miles
Train · Exeter City Centre
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 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£567
Based on a loan of £112,500 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.
Tax
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Indicative tax based on the asking price and the options you select.
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