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See how verdicts work2-bedroom terraced house · EX4 5EZ
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after location just minutes from Exeter city centre, this two-bedroom terraced house offers an exciting renovation opportunity in an area popular with homeowners and investors alike.
With bus routes close by and the University of Exeter extremely nearby, the property is ideally positioned for convenient city living.
The house requires full renovation throughout, presenting a fantastic chance for buyers to put their own stamp on the property. The only heating is 1 individual gas heater in the living room.
There is significant potential to reconfigure the layout, as others have successfully done along the street, allowing you to create a home tailored to your own needs and style.
The current accommodation is arranged with access to the garage and the family bathroom on the first floor.
The ground floor comprises a spacious living and dining room alongside a kitchen, with French doors opening from the living area to the garden and an additional separate door from the kitchen.
On the second floor are two bedrooms, one of which is a well-proportioned double room.
Externally, the property benefits from a good-sized, fully enclosed rear garden with useful rear access, further adding to the appeal.
With its prime location and vast potential, this is a rare opportunity to create a fantastic home in a thriving part of Exeter.
Verified Material Information Council Tax band: C Tenure: Freehold Property type: House Property construction: Standard construction Energy Performance rating: No Certificate Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None is installed.
Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - Good, Three - Great, EE - Great Parking: Driveway and Garage Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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

FAQ
About Falkland Close, Exeter
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