# 2 bedroom terraced house for sale (EX1 2PS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 81 LADYSMITH ROAD, EXETER, DEVON EX1 2PS |
| Price | £295,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £313,000 Nov 2022 |

## Description

A spacious two bedroom terraced house located in the much sought-after location of Heavitree. Dating back to the early 1900s, the property benefits from a number of attractive period features and enjoys a pleasant leafy outlook to the rear across the cemetery. Heavitree itself features a range of shops, cafes and pubs along the high street, and also boasts highly-regarded schools, such as Ladysmith and St Michaels School. There are also nearby GP surgeries, parks and Waitrose supermarket.

## Property Photos

- ![Front](/listings/photos/123933530/597236) - Front
- ![Living Room](/listings/photos/123933530/597238) - Living Room
- ![Kitchen](/listings/photos/123933530/597240) - Kitchen
- ![Dining Room](/listings/photos/123933530/597243) - Dining Room
- ![Hallway](/listings/photos/123933530/597246) - Hallway
- ![Bedroom 1](/listings/photos/123933530/597248) - Bedroom 1
- ![Bedroom 1](/listings/photos/123933530/597255) - Bedroom 1
- ![Bedroom 2](/listings/photos/123933530/597258) - Bedroom 2
- ![Bathroom](/listings/photos/123933530/597268) - Bathroom
- ![Bathroom](/listings/photos/123933530/597274) - Bathroom
- ![Garden](/listings/photos/123933530/597280) - Garden
- ![Garden](/listings/photos/123933530/597286) - Garden
- ![Garden](/listings/photos/123933530/597295) - Garden
- ![Floorplan](/listings/photos/123933530/597299) - Floorplan

## Floorplans

- ![Floorplan 1](/listings/photos/123933530/597304) - Floorplan 1

## EPC Graphs

- ![Energy Performance Certificate](/listings/photos/123933530/597312) - Energy Performance Certificate

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #1039162
- **Address:** 81 Ladysmith Road, EXETER, EX1 2PS
- **Certificate Issued:** 03/10/2003
- **Work Completed:** 22/08/2003
- **Items:** 4 window(s)

### FENSA Certificate #1035677
- **Address:** 81 Ladysmith Road, EXETER, EX1 2PS
- **Certificate Issued:** 03/10/2003
- **Work Completed:** 21/08/2003
- **Items:** 4 window(s)

### FENSA Certificate #157635
- **Address:** 81 Ladysmith Road, EXETER, EX1 2PS
- **Certificate Issued:** 03/12/2002
- **Work Completed:** 07/08/2002
- **Items:** 6 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 81 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £313,000 | 24/11/2022 | Terraced |
| 81 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £220,000 | 14/02/2020 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 103 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £172,000 | 23/05/2025 | Flat |
| [Same street] 89 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £310,000 | 19/07/2024 | Terraced |
| [Same street] 58 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £297,500 | 17/05/2024 | Terraced |
| 7 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £325,000 | 03/11/2023 | Terraced |
| 65 PARK ROAD, EXETER, DEVON, EX1 2HT | £370,000 | 03/11/2023 | Terraced |
| 14 WYNDHAM AVENUE, EXETER, DEVON, EX1 2PQ | £382,500 | 30/10/2023 | Terraced |
| 21 LOWER AVENUE, EXETER, DEVON, EX1 2PR | £360,000 | 20/10/2023 | Terraced |
| 12 FIRST AVENUE, EXETER, DEVON, EX1 2PH | £431,668 | 02/10/2023 | Terraced |
| 8 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £300,000 | 22/09/2023 | Terraced |
| [Same street] 67 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £290,000 | 28/04/2023 | Terraced |
| 93 PARK ROAD, EXETER, DEVON, EX1 2HT | £366,000 | 12/04/2023 | Terraced |
| [Same street] 91 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £315,000 | 10/02/2023 | Terraced |
| 3 THIRD AVENUE, EXETER, DEVON, EX1 2PJ | £420,000 | 01/02/2023 | Terraced |
| [Same street] 103A LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £240,000 | 06/01/2023 | Flat |
| [Same street] 103B LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £184,950 | 05/01/2023 | Flat |
| [Same street] 99 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £345,000 | 09/12/2022 | Terraced |
| 36 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £287,000 | 24/11/2022 | Terraced |
| 48 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £315,000 | 24/11/2022 | Terraced |
| [Same street] GARAGE ADJOINING, 103 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £40,000 | 15/11/2022 | Other |
| 16 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £298,000 | 08/11/2022 | Terraced |
| 90 PARK ROAD, EXETER, DEVON, EX1 2HT | £468,500 | 20/10/2022 | Terraced |
| 50 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £341,000 | 26/07/2022 | Terraced |
| [Same street] 62 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £295,000 | 15/07/2022 | Terraced |
| 23 COMMINS ROAD, EXETER, DEVON, EX1 2PZ | £268,000 | 12/07/2022 | Terraced |
| [Same street] 89 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £305,000 | 28/06/2022 | Terraced |
| 79 PARK ROAD, EXETER, DEVON, EX1 2HT | £445,000 | 01/06/2022 | Terraced |
| 10 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £390,000 | 09/05/2022 | Terraced |
| 29 WYNDHAM AVENUE, EXETER, DEVON, EX1 2PQ | £326,180 | 08/04/2022 | Terraced |
| 72 LADYSMITH ROAD, EXETER, DEVON, EX1 2PP | £375,000 | 25/03/2022 | Terraced |
| 53 LADYSMITH ROAD, EXETER, DEVON, EX1 2PU | £255,000 | 29/09/2021 | Terraced |
| 5 WYNDHAM AVENUE, EXETER, DEVON, EX1 2PQ | £291,200 | 28/09/2021 | Terraced |
| [Same street] 83 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £230,000 | 01/07/2021 | Terraced |
| [Same street] 73 LADYSMITH ROAD, EXETER, DEVON, EX1 2PS | £278,500 | 28/06/2021 | Terraced |

**Street average:** £254,073 (13 sales)
**Area average:** £350,752 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £272,909 (44 Terraced, EX1, 2024–2026)
- **Deviation:** +8.1%

## Rental Range

*ONS Price Index of Private Rents (Exeter). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,182/mo
- **Realistic:** £1,313/mo
- **Optimistic:** £1,444/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Exeter (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Old Tiverton Road, EX4 | £1,175/mo | 2 | 0.55 miles | OpenRent |
| 2 Bed Flat, New North Road, EX4 | £1,350/mo | 2 | 1.03 miles | OpenRent |
| 2 Bed Flat, New North Road, EX4 | £1,400/mo | 2 | 1.06 miles | OpenRent |

**Average rent: £1,308/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.46% (weak for cashflow)
- **Max investor price (0.8%):** £168,750
- **Target investor price (1%):** £135,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,350/mo).*

- **Gross yield:** 5.5%
- **Cost-to-rent:** 18.2×
- **Monthly cashflow:** £28/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -23.9%
- **10y growth:** 14.3%

## House Price Index (HM Land Registry)

*Official index for Exeter; Terraced series; as of March 2026.*

- **1y growth (index):** -2.4%
- **5y growth (index):** 13.5%
- **10y growth (index):** 35%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)