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See how verdicts work3-bedroom terraced house · EX4 6TB
For saleListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom terraced home situated in the popular Mount Pleasant area of Exeter, offered to the market with no onward chain.
The property benefits from front and rear gardens, as well as two single garages to the rear with power and lighting, providing useful storage or off-road parking.
Whilst the property would now benefit from updating, it offers excellent potential for improvement and personalisation, with the advantage of a modern fitted kitchen installed within the last 18 months, full double glazing, and a recently replaced boiler.
The property enjoys a convenient position within easy reach of Exeter city centre, the rd&E Hospital, train stations, and a range of local amenities.
The nearby Polsloe and Heavitree areas offer a variety of independent shops, cafés and everyday conveniences, whilst well-regarded schools and transport links are also close at hand.
Accommodation The front door opens into an entrance porch which in turn leads through to the main hallway, with an attractive stained glass panel, providing access to the principal ground floor accommodation, and stairs rising to the first floor.
The living room is a particularly spacious reception room, enjoying a bay window and an additional front-facing window which combine to create a bright and welcoming space.
A separate dining room provides ample room for family dining and entertaining, with French doors opening directly out to the rear garden, creating a lovely flow between the inside and outdoor spaces.
The kitchen has been recently fitted, and comprises a range of matching wall and base units with fitted worktops, together with a stainless steel sink and double drainer with a mixer tap over.
Appliances include an oven with a gas hob and extractor hood above, whilst there is further space for a washing machine, dishwasher and tall fridge freezer.
A window overlooks the rear garden and a door leads through to the rear lobby.
The lobby provides access to the garden and the downstairs cloakroom, with both rooms benefitting from windows to the side aspect, and the cloakroom housing the boiler.
To the first floor are three bedrooms, all of which are well proportioned double rooms.
The principal bedroom enjoys a bay window to the front aspect together with a built-in wardrobe, whilst bedroom two benefits from a pleasant outlook over the rear gardens.
Bedroom three is a further double room with a bay window to the front aspect. The first floor is completed by a bathroom, a separate cloakroom and useful built-in storage on the landing.
Outside To the front of the property is an enclosed garden which helps to set the house back from the road.
The rear garden provides a pleasant outdoor space which is mainly laid to lawn, incorporating a selection of mature plants and shrubs to the borders.
Beyond the garden are two garages, both benefitting from power and lighting, offering excellent flexibility for parking, storage or workshop space. Property Information Tenure: Freehold.
Council Tax Band: D.
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
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FAQ
About 54a, Blackboy Road, Exeter
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