4-bedroom terraced house · EX2 5ET
For saleListed 182 days
Opportunity summary
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About
This impressive four bedroom student property has been recently renovated to a high standard, including a full re-wire, plumbing and a new roof.
The property is situated in a tucked away location in the highly popular area of Heavitree, within close proximity to a wide range of local amenities including local shops, supermarkets, restaurants, churches, doctors' surgery and schools.
The property is also very close to Heavitree Park and the rd&E Hospital, and Heavitree benefits from good access to Exeter city centre and the M5 motorway.
The internal accommodation briefly comprises an entrance hallway, a living room, dining room and kitchen on the ground floor.
Upstairs the first floor provides access to two bedrooms and one communal shower room, the top floor allows access to the further two bedrooms, one with en-suite shower room and the other with an en-suite bathroom.
Externally, the property boasts a low-maintenance garden to the rear, and a useful utility room/store.
With so much to offer, further viewing is highly recommended in order to appreciate all that is offered.
The property is rented out to a group of 4 students for the 2025/26 academic year at a rent of £2400 per (bills exclusive).
We understand the same group are staying in the property for the following academic year from 23rd August 2026 under the same terms.
Entrance Hallway The front door opens to the entrance hallway which includes space for coats and shoes, a radiator, wooden flooring, dado rails, and access to the living room and dining room.
Stairs rise to the first floor incorporating built-in storage below.
Living Room (15' 2'' x 9' 9'' (4.62m x 2.97m)) An attractive reception room boasting a wood-burner, picture rails, wooden flooring, a radiator, and a window to the front aspect.
Dining Room (14' 2'' x 8' 8'' (4.31m x 2.65m) plus storage) A good-sized room with the advantage of an open-fireplace with built-in storage to the sides, a further built-in storage cupboard under the stairs, wooden flooring, dado and picture rails, and a radiator.
A window faces the rear aspect, and a door opens to the kitchen.
Kitchen (11' 1'' x 8' 2'' narrowing to 5' 10'' (3.37m x 2.48m)) Containing a range of base units with oak worktops, a tiled splashback, and a 1.5 bowl ceramic sink and drainer unit with a mixer tap over.
Appliances include a range cooker, a dishwasher, and a fridge. The Worcester boiler is also located here, along with tiled flooring, a radiator, a window to the side aspect and a door to the garden.
First Floor Landing Stairs rise to the first floor landing which provides doors to two of the bedrooms and the shower room, a further set of stairs to the second floor.
Bedroom 1 (12' 10'' x 8' 11'' (3.91m x 2.72m)) A spacious double bedroom furnished to a high standard with a uPVC double glazed window to the rear aspect.
Bedroom 2 (15' 1'' x 9' 9'' (4.59m x 2.98m)) A further double bedroom enjoying a built-in double wardrobe and a double glazed sash window to the front aspect.
Shower Room (7' 4'' x 5' 0'' (2.24m x 1.52m)) Comprising a large shower cubicle with a waterfall showerhead and an additional handheld attachment, a low-level WC, and a vanity unit wash basin with a tiled splashback.
In addition there is a heated towel rail, and a uPVC double glazed window to the front aspect. Second Floor Landing Stairs rise to the second floor landing with doors to the two remaining bedrooms.
Bedroom 3 + Ensuite Bathroom (15' 1'' x 8' 10'' (4.59m x 2.69m)) A well-proportioned double bedroom with a uPVC double glazed window to the front aspect and a door into the en-suite bathroom.
The bathroom benefits from a skylight above a bath with waterfall shower and handheld attachment, a WC, a vanity wash basin and a heated towel rail.
Bedroom 4 + En-Suite Shower (10' 10'' x 8' 11'' (3.31m x 2.73m) + En-Suite Shower) The final bedroom offers a radiator and a uPVC double glazed window to the rear aspect with a door into the en-suite shower room.
The en-suite has a large shower cubicle with waterfall shower and handheld attachment, a vanity sink unit, a WC and a heated towel rail.
Utility Room/Store (6' 11'' x 5' 7'' (2.1m x 1.69m)) A useful space with access from the garden, consisting of a worktop with a washing machine and tumble dryer below, and a counter-top fridge and freezer above.
There is also a pedestal wash basin, and a low-level WC. Garden A low-maintenance enclosed rear garden which is mainly paved providing space for seating.
Additionally there is an outdoor tap and a plant bed border. A door opens to the utility room/store. Property Information Tenure: Freehold. Council tax band: D.
Value & comps
No previous sales on record.
Returns
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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.
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About 10, Sivell Place, Exeter
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