2-bedroom house · EX2 5JU
Sold STCListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire this well appointed 2 bedroom semi-detached house in a popular and convenient location.
This charming property offers well decorated accommodation and boasts a striking Victoriana bathroom on the first floor featuring a freestanding claw foot bath and generous corner shower enclosure.
Modern comforts are at the forefront of this residence, with gas central heating and uPVC double glazing ensuring warmth and energy efficiency throughout the year.
A practical utility room with a WC adds to the convenience of daily living, making this home as functional as it is stylish.
Two private off road parking spaces add further convenience and a detached garage provides various lock up storage options.
A generous area of level front garden offers potential to convert into more off road parking and a secure side entrance gives way to a delightful south-west facing patio garden, perfect for enjoying sunny afternoons and entertaining guests.
Situated in a popular residential area, the property is close to schools, Ludwell Valley Park, and a local convenience store, with regular bus services to the city centre.
Strong interest anticipated and early viewings are strongly recommended to avoid disappointment.
Side Entrance Hall Living Room (5.33m x 3.66m (17'5" x 12'0")) Kitchen/Dining Room Dining Room (3.48m x 2.46m (11'5" x 8'0")) Kitchen (5.08m x 1.55m (16'7" x 5'1")) Bedroom 1 (3.63m x 3.20m (11'10" x 10'5")) Bedroom 2 (3.43m x 2.46m (11'3" x 8'0")) Bath/Shower Room (2.62m x 2.01m (8'7" x 6'7")) Front & Rear Gardens Garage Two Parking Spaces
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
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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.
Area
Agent & docs
FAQ
About 31, Lethbridge Road, Exeter
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