1-bedroom flat · EX2 4JJ
Let agreedReduced £25 (−2.8%) on 1 OctListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mathias & Partners are pleased to offer this well appointed property to the Exeter letting market. The property has been completely redecorated throughout and is now very well presented.
The apartment benefits from gas central eating from a combi-boiler and occupies the lower ground floor of this fine period townhouse and, is offered at a high standard. Situated in St.
Leonards close to Exeter City Centre, the RD&E Hospital and Exeter's historic quayside and the amenity of Magdalen Road the location could not be more convenient.
Accommodation comprises of a spacious lounge-dining room, fitted kitchen, bathroom and offers immediate access to both the rear and front courtyards, with a small private front courtyard area.
Internal viewing is highly recommended as this property will not stick on the market long. Mathias & Partners are the sole agents. To arrange a viewing please email only.
PROPOSED VIEWING DATE: Morning 10-12 Monday 21st September 2026
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Lansdowne Terrace,St. Leonards,Exeter,EX2
Explore nearby
