We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · EX4 4BP
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming Victorian terraced house with a large garden and riverside setting in central Exeter.
Situation Bonhay Road is situated in a convenient central Exeter location, with the River Exe and Exeter Canal close by and easy access into the city centre via the nearby steps.
Exeter Cathedral is approximately a 15-minute walk away, with Exeter University and the Quay also within easy reach.
St David’s railway station is approximately 10 minutes away on foot, whilst the Riverside Leisure Centre, local schools and nurseries are all nearby.
The canal provides a pleasant setting for walking, running and cycling, with the surrounding area offering a good range of local amenities.
Description A charming Victorian terraced house offering well-proportioned accommodation with a good degree of period character.
The property benefits from a spacious sitting room, kitchen, two bedrooms and a family bathroom, together with a small courtyard garden to the rear.
A particular feature is the larger garden, which is situated directly opposite the house and provides an unusual and valuable outdoor space for a central Exeter property.
There are also attractive views towards the River Exe from the principal bedroom.
Accommodation The front door opens into a hallway with stairs rising to the first floor and access to the sitting room.
The sitting room is a good-sized reception room with a feature fireplace and useful understairs storage.
To the rear is the kitchen, which provides a range of fitted cupboards, shelving and integrated fridge, with access to the courtyard garden.
On the first floor, the landing provides access to two bedrooms and the bathroom, as well as the loft hatch.
The principal bedroom is a spacious double room with views over the garden and towards the River Exe, whilst the second bedroom is a smaller room suitable for a single bed or home office.
The bathroom is well equipped with a large bath, wash basin, WC and useful storage.
The property benefits from gas-fired central heating, double glazing and a number of retained period features including fireplaces and original internal doors.
Outside A small courtyard garden is situated immediately to the rear of the kitchen. The principal garden is located directly opposite the house and is a particularly attractive feature.
Mature trees provide privacy and a good degree of seclusion, with a lawned area to the far end providing space for seating and outdoor activities.
There is also a shed and space for storing bins and garden equipment. The wall at the far end forms part of the Exeter flood defence scheme.
Residents’ parking is available directly outside the property. Services Utilities: Mains electric, water, gas and drainage.
Heating: Gas combi boiler Tenure: Freehold EPC: D(65) Council tax band: B Ultrafast and superfast broadband available. EE, O2, Three and Vodafone mobile networks likely to be available (Ofcom).
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
.png)
FAQ
About 29, Bonhay Road, Exeter
Explore nearby