Property Investment In Exeter
Interested in investment opportunities in Exeter? We have several different types from BTL to HMOs.
Written by: Jessica Chambers, Reviewed By: Jonny Christie
First Published: Jun 10, 2021 | Last Updated: Aug 26, 2025
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From top-quality buy-to-let investments to below market value properties to flip for a solid profit, you’ll find what you’re looking for here.
Table of Contents
Exeter property investment at a glance…
- Average property value: £279,000
- Average rental yields: 4 to 5%
- Average monthly rent charge: £1,304
Exeter is a vibrant south west city situated on the River Exe. It’s a stone’s throw from some of the region’s most stunning coastal spots and has emerged as a bustling cultural hotspot with a rising economy.
According to reports, Exeter’s economy is currently booming and expected to exceed a value of £5.5 billion in gross value added (GVA) in the not so distant future. Coupled with the fact that East Devon house prices have seen a lift of 58.29% over the past 10 years or so, this alluring city is now one of the south west’s most rewarding property investment hotspots.
ONS data shows that average house prices are £279,000 and average monthly rent prices are currently £1,304. Given that average property prices in East Devon are £392,953, Exeter is an affordable place for investors looking for affordable properties with a solid rate of capital appreciation and healthy rental yields.
Another investment plus-point to note is that Exeter is frequently named as one of the ‘UK’s happiest places to live.’ In a recent Guardian article, destination expert Hilary Osborne gave Exeter a glowing testimonial:
“The shopping is varied. Most of the high street stores are here but there are also terrific independent shops. On Fore Street you’ll find specialists ranging from a luxury belt maker to a vintage record player restorer.”
“There is a thriving independent coffee and food scene. With Brixham Harbour, home to one of the UK’s biggest fishing fleets, only 30 miles away, it’s no surprise that fish tends to star on the menus of many of the best places to eat.”
– Hilary Osborne
In addition to its vibrant cultural scene and range of local amenities, Exeter is a renowned university city and provides a mix of employment opportunities, making it a captive market for high-quality tenants.
Here’s a summary of why Exeter is a potentially reward property investment destination:
- Affordable house prices and healthy rental yields
- A solid rate of capital appreciation in and around the region
- Healthy rental demand across the region
- Popular among students and young professional tenants
- One of the UK’s happiest places to live
One of the best things about Exeter (apart from its epic coffee shop, incredible arts scene, and stunning quayside) is that it offers a mix of properties to suit all investment aspirations.
Whether you’re looking for amenable commercial premises, renovation projects, HMOs or profitable buy-to-lets, Exeter will deliver. Not sure where to begin? Here are some of the best areas to invest in Exeter right now.
| Region | Guide property price | Average monthly rent | Average rental yield |
|---|---|---|---|
| City centre | £343,771 | £1,822 | 6 to 7% |
| St Leonards | £412, 328 | £1,437 | 4% |
| Alphington | £369,964 | £1,437 | 4 to 5% |
| St Thomas | £266,526 | £1,435 | 6 to 7% |
| Cranbrook | £288,132 | £1,702 | 7 to 8% |
Source: CIA Landlords
FYI: In addition to these prime Plymouth property investment hotspots, these areas are also worth exploring, too:
- Pennsylvania
- Heavitree
- Topsham
- Alphington
- Countess Wear
- Pinhoe
As trusted south west property investment specialists, we keep up on top of current regional trends, news, and opportunities. We don’t miss a beat. So, if you’re looking for potentially profitable below market value Exeter property investments, check out our latest (and most exclusive) deals right now (before someone else does).
Oak Hill, EX9
3 bedroom, 1 bathroom
Small refurb opportunity to flip in need of slightly updating
27% Discount!
More coming soon…
We will update this section with further Exeter property examples.
A property sourcing success story: the Exeter edition…
A new client approached us as they were looking to secure a new investment in cities or towns either on or near to the Devonshire coast.
They had a budget of around £380,000 and were looking for a buy-to-let property that would appeal to growing families or young professionals. After discussing our client’s needs in greater detail, we produced a shortlist of properties that would potentially suit their needs.
After exploring our shortlist, our client chose a property in the Cranbrook region for £268,000, which was around 15% below market value. Our client now has a long-term tenant and enjoys a healthy rental yield of 7%. They’re currently working with us to secure their next Exeter property investment.
Average rental yields in Exeter are 5% – which is equal to the national average. Rental demand is consistent across all Exeter regions and as property prices are witnessing steady growth year-on-year.
As mentioned, some regions of Exeter, including certain pockets of EX1 as well as St Thomas and Cranbrook, offer a rental yield of around 7% to 8%.
With additional infrastructure improvements planned and further economic growth on the horizon, rental demand is likely to increase even more within the next five years.
When you consider our 15 to 20% below market value properties, your potential yields could be very favourable as an Exeter buy-to-let investor.
Whether you’re actively on the hunt for a HMO, a reliable commercial premises or a suburban buy-to-let investment, you’ll find it in Exeter.
Contact us today to discover how we can help you become a successful Exeter property investor. With personalised advice and access to exclusive off-market property deals, we’re here to help you get ahead.
Before we dig in…
Our CEO, Jonathan Christie, has offered some insight on investing in Exeter:
“Exeter has a relatively high price of entry, so it’s not for all investors, but if you’re looking for steady rental years coupled with strong long-term capital growth, then it’s a great option. There are several areas that are yeild hotspots, like Cranbr00k in which you can achieve anywhere from 7-10% depending on the deal. The more impressive aspect is definitely the capital growth, with properties seeing an 80%+ value increase since 2005, a strong 4%+ annual growth.”
– Jonathan Christie, CEO of The Property Sourcing Company
From the cultural heart of the city to the vibrant quayside, the cathedral, and beyond, Exeter has no shortage of property investment opportunities for savvy investors. Whatever your aspirations or budget, we’ll find you a Exeter investment opportunity to suit your needs.
Here are some of the most sought after types of investments we provide at The Property Sourcing Company:
- Buy-to-let investments
- Below market value properties
- Commercial property investments
- Properties to flip or renovate
- Student property investments
This rapidly expanding portfolio of properties is a surefire sign that Exeter is one of the south west’s most rewarding buy-to-let regions. In our professional opinion, it’s the best place to invest if you’re searching for decent rental yields and solid long-term profits.
Secure your new off market Exeter investment with the property sourcing company
“Very professional, accommodative and accessible folks. I am starting a small b-t-l business and have had dealings with Jess, David, Jordane and Jonny and they all have been lovely people.” – Dubey Parikshit, Trustpilot
FYI: We’re proud to say that The Property Sourcing Company is honestly off market. We work closely with our sister brand, The Property Buying Company, to secure the best property deals in and around Exeter.
Typically, sellers approach The Property Buying Company for a swift and stress-free cash sale. We secure these properties straight from them at below market value prices. That means we can pass these deals onto keen investors just like you.
We’ll source you the most favourable deals for your Exeter property investment needs. We don’t just want you to buy from us once – we want you to come back again (we’re confident you will). That’s why we offer a bespoke end-to-end service you can count on. Don’t delay…
Yes, with achievable average house prices of £279,000, solid rental yields, a booming economy, and a healthy rental demand, Exeter is a south-west property investment hotspot. Also, Exeter is consistently voted as one of the UK’s best or happiest places to live and work, attracting droves of young professionals to the region each year.
While our portfolio can vary from month to month, we offer a choice of investment options up and down the UK – Exeter is no exception. Here are the main types of investments we specialise in:
Absolutely, we offer a choice of buy-to-let investment opportunities in and around the Exeter region. Whether you’re looking for a house, a student let, a flat or a HMO to suit your needs, you’re likely to find it with The Property Sourcing company – often for around 15% to 20% below market value.
Article Written By: Jessica Chambers
Jess is our Investment Team Manager, she has a wealth of experience in property investing and finance, working with a wide range of different types of investments from BTL, Flips, HMOs and more over the years. Experience she often shares on The Property Sourcing Company website.
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