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See how verdicts work3-bedroom house · EX8 4AD
For saleReduced £25k (−6.7%) on 27 JunListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this well presented modern three bedroom end of terrace house is tucked away in a desirable residential area of Exmouth.
The property offers well proportioned accommodation and enjoys open views to the rear. An early viewing is highly recommended.
The property benefits from gas central heating and double glazing throughout, along with easy to maintain gardens and a 17' workshop located beneath the main building.
The accommodation comprises an entrance hall, cloakroom/WC, lounge/dining room and a kitchen/breakfast room. To the first floor are three bedrooms and a shower room/WC.
Externally, there are low maintenance gardens and a single garage situated in a nearby block. Accommodation Ground Floor Canopy porch. Outside courtesy light. Double glazed door to: Hallway Radiator.
Built-in storage cupboard. Doors to: Cloakroom/WC Double glazed window to the front. Low level WC. Wash hand basin. Radiator.
Lounge/Dining Room - 17'10" (5.44m) x 16'11" (5.16m) A spacious room with double glazed window to the rear. Sliding double glazed patio doors leading to the rear garden with open views.
Electric fire in decorative surround. 3 radiators. TV point. Telephone point. Stairs to first floor. Kitchen / Breakfast Room - 10'0" (3.05m) x 9'8" (2.95m) Double glazed window to front.
Range of cupboard and drawer storage units with roll edged work surfaces, matching breakfast bar and tiled splash backs. Stainless steel twin sink unit with mixer tap. Electric cooker point.
Space and plumbing for washing machine. Further space for freestanding fridge / freezer etc. Wall mounted gas fired boiler supplying the central heating and domestic hot water. Radiator.
First Floor Landing Double glazed window to the side. Built-in airing cupboard. Radiator. Hatch to roof space.
Doors to: Bedroom 1 - 14'8" (4.47m) x 9'9" (2.97m) Double glazed window to the rear with open views. Radiator. Built-in wardrobe/storage cupboard.
Bedroom 2 - 10'4" (3.15m) x 9'9" (2.97m) Double glazed window to the front. Radiator. Bedroom 3 - 8'8" (2.64m) x 6'11" (2.11m) Double glazed window to the rear with open views. Radiator.
Shower Room/WC Double glazed window to the front. Quadrant shower cubicle with electric shower. Close-coupled WC. Wash hand basin with cupboard below. Radiator. Extractor fan.
Externally Drakes Gardens has communal areas of lawned gardens for residents only. Private front paved patio area and access down the side of the property leading into the rear garden.
The garden is designed with ease of maintenance in mind and comprises paved patio areas and attractive well stocked flower and shrub borders.
The garden is also accessed from the lounge/dining room via a metal balcony with steps down. Workshop - 17'2" (5.23m) x 9'7" (2.92m) Situated under the main house and accessed from the garden.
Window to the front. Fitted work bench. Power and light. Garage Of single size. Up and over door. Located in a block close by.
Tenure The property is freehold Services All mains services are connected.
Council Tax Band D Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Note Please note these are draft particulars and are awaiting vendors verification. Each property pays approx £50 per month towards the up keep of the communal areas within Drakes Gardens.
Directions From our prominent town centre office leave Exmouth town centre, proceed out of town along Salterton Road. Just before reaching Tesco, turn left into Drakes Avenue.
Drakes Gardens will be found at the end of the road on the right. What3words /// lofts.builds.shield Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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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.
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FAQ
About 7, Drakes Gardens, Exmouth
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