4-bedroom house · EX4 7BY
For saleReduced £60.8k (−37.5%) on 11 SepListed 288 days
Opportunity summary
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About
View our 3 & 4 bed show homes open 5 days a week from Thursday to Monday, 10am-5pm. Get moving this Summer at Centurion Place!
A selection of stylish new Shared Ownership homes located at Exeter's newest development.
Please note that interested parties will be required to be approved through a qualification process to reserve a home at this development with homes being allocated on a first come first served basis.
These energy-efficient Shared Ownership homes are located at an exciting new development known as Centurion Place in Exeter and, are available to purchase from a 10% to 75% share.
Price listed is for a 40% share at £162,000 with a 5% deposit of £8,100 (Full market value £405,000). The Rockingham is a desirable four-bedroom family home, offering accommodation over three floors.
With the best that flexible modern living has to offer this home has a spacious ground floor with a designer kitchen and the most useful open plan dining & family room with French Doors onto the garden.
Venture upstairs to the first floor and you will discover the light and airy living room perfect for those cosy nights in together with the main bedroom complete with en-suite and built in wardrobe.
The top floor hosts a further three good sized bedrooms, one with built in wardrobe and a well appointed family bathroom.
Financial Breakdown: Full market value: £405,000 40% share value £162,000 5% deposit: £8,100 Rent charged on un-owned share: 2.75% Rent on un-owned share (60%) £556.88 Estimated monthly service charge: £89.25 pcm features: Air Source Heat Pump Electric car charger Parking for 1 vehicle Range of integrated kitchen appliances: Oven, ceramic hob, extractor hood & Fridge/Freezer Vinyl flooring to kitchen, dining & family area, WC, Bathroom & En-suite Garden Tap Turf & patio to rear garden Garden shed Centurion Place enjoys excellent transport links with easy access across the City and towards the M5.
Exeter boasts a direct rail service to London Paddington with various other destinations being available too.
Let's not forget that Exeter also enjoys an International & Regional Airport on its doorstep.
Devon’s capital city has a vibrant, modern feel with a host of independently run shops and places to eat.
Exeter itself enjoys a rich, historic past that has gifted the city a wealth of must-see attractions, namely its mysterious Underground Passages, Royal Albert Memorial Museum, Cathedral, Roman wall and historic waterfront.
Great days out might include a flutter at Exeter Racecourse or a meander round the lovely nearby maritime town of Topsham, while further afield you have your pick of beautiful South Devon beaches and the magnificent unesco World Heritage Jurassic Coast.
Families can choose from a wide selection of local nurseries and schools, many of which are rated Good or Outstanding by Ofsted. For active pursuits, head to Exeter’s Quay Climbing centre or Go Ape!
At Haldon Forest, where scenic woodland trails can also be explored by foot or bike. Is Shared Ownership right for me?
- As long as you are over 18 - Your household income is less than £80,000 - And you don’t already own a home at the time of buying your shared ownership property ...
Then Shared Ownership could be right for you! How does Shared Ownership work? You buy a share in your home that’s right for you. That could be from 10% up to 75% initially.
You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note, images have been used for illustrative purposes only and may not be of exact property advertised. Specification, layout and finish may be subject to change.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Plot 11 @ 40% Centurion Place,, Prince Charles Road, Devon
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