Exeter’s Hidden Gems: Underrated Areas for Property Investment

When it comes to property investment in Exeter, many investors focus on well-established and popular neighbourhoods. While these areas offer stability and steady returns, there are several lesser-known parts of the city that present exciting opportunities for growth and value appreciation.

In this post, we’ll explore some of Exeter’s hidden gems — areas that may not yet be on every investor’s radar but have strong potential for property investment.

1. Heavitree

Heavitree is a vibrant community just east of Exeter’s city centre. Known for its local shops, cafes, and schools, it offers a balanced lifestyle that appeals to young professionals and families alike.

• Property prices here are generally more affordable compared to the city centre.

• Ongoing community regeneration projects are enhancing local amenities.

• Good transport links make commuting easy.

2. Exwick

Situated to the northwest of Exeter, Exwick boasts a semi-rural feel with access to green spaces like the Exwick Nature Reserve. It’s attractive to tenants looking for a quieter lifestyle without sacrificing proximity to the city.

• Increasing demand for rental properties from families and professionals.

• Opportunities for renovation projects in older homes.

• Close to major roads and transport routes.

3. St Thomas

Located south of the city centre, St Thomas has seen gradual improvements in recent years and is popular with students and young renters.

• A growing rental market driven by proximity to the University of Exeter.

• Potential for HMO (House in Multiple Occupation) investments.

• Affordable entry point for investors looking to diversify.

4. Alphington

Alphington is a village-like suburb with a strong community feel and easy access to Exeter’s city centre.

• Attractive to families due to local schools and parks.

• Good mix of period and modern properties.

• Increasing interest from first-time buyers and renters.

5. Pennsylvania

Close to the University of Exeter, Pennsylvania is an up-and-coming area benefiting from student and young professional demand.

• Opportunities for buy-to-let investments.

• Good transport connections and amenities.

• Increasing local investment and regeneration efforts.

Why Consider These Areas?

Investing in these hidden gems can offer several advantages:

• Better value: Lower entry prices compared to more popular neighbourhoods.

• Growth potential: Areas undergoing regeneration or rising in popularity.

• Diverse tenant base: From students to professionals and families.

• Strong rental demand: Ensures consistent rental income.

Final Thoughts

While established areas will always have their appeal, exploring Exeter’s underrated neighbourhoods can uncover excellent property investment opportunities. These locations combine affordability with growth potential, making them ideal for investors looking to expand their portfolios or enter the market.

If you’re interested in learning more about investment properties in Exeter or want personalised advice, feel free to get in touch with the Rosewood Property team.