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See how verdicts work3-bedroom house · EX1 3WY
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary An exciting opportunity to purchase a 35% share of this beautifully presented three double bedroom detached family home on the popular Hornbeam Road development which offers spacious modern accommodation, a private garden and parking for two vehicles.
Description Available to purchase at £140,000 for a 35% shared ownership, this beautifully presented detached home offers spacious and contemporary accommodation in a popular residential location within Exeter.
The property is approached through an attractive enclosed front garden, beautifully planted with a variety of flowers and enclosed by a low-level fence with a gated pathway leading to the front entrance.
Inside, the welcoming hallway provides access to a bright and spacious living room, a convenient downstairs cloakroom and the impressive kitchen/dining room.
Fitted with a modern range of wall and base units, generous worktop space and integrated appliances, the kitchen creates a fantastic social hub for everyday family life.
French doors open directly onto the rear garden, allowing plenty of natural light and creating an effortless connection between the indoor and outdoor living spaces.
Upstairs, the property offers three generously sized double bedrooms, all beautifully presented, together with a modern family bathroom finished to a high standard.
Outside, the enclosed rear garden has been thoughtfully landscaped for ease of maintenance, featuring an attractive patio seating area alongside a planted flower bed.
A side gate provides direct access to the private parking area, where there is off-road parking for two vehicles.
This superb homes offers stylish modern accommodation, generous living space and the affordability of shared ownership. Entrance Hall Under stairs storage.
Downstairs Wc Double glazed front aspect window, low level toilet, wash hand basin. Living Room Double glazed front aspect window, wall mounted radiator.
Kitchen/ Diner Double glazed side and rear aspect window, French doors to garden, wall and base units, work surfaces, oven, gas hob, space for appliances, boiler, sink unit.
Landing Airing cupboard/storage, wall mounted radiator. Bedroom 1 Double glazed side aspect window, wall mounted radiator. Bedroom 2 Double glazed front aspect window, wall mounted radiator.
Bedroom 3 Double glazed rear aspect window, wall mounted radiator. Bathroom Double glazed front aspect window, bath with shower over, low level toilet, wash hand basin, wall mounted radiator.
Front Garden Flower beds on either side of pathway leading to front door. Gated entry to path. Rear Garden Patio, side gate, outside tap and power, gravelled area to side.
Parking Off-street parking for two cars.
Agents Note This property is currently under shared ownership in conjunction with Live West Housing Association who have criteria for any purchase, the advertised price is for the sellers 35% share.
£516.67 per month is paid to the Housing Association as rent for the retained share. Please contact LiveWest Housing Association for guidance on purchase requirements.
There are restrictions relating to running a business, sub-letting and holiday home use. Please ask the Branch for more details. The property is still under labc warranty.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
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FAQ
About 18, Hornbeam Road, Exeter
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