4-bedroom house · EX2 5GR
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented semi-detached townhouse offering four double bedrooms, en-suite, family bathroom, spacious kitchen/diner, separate living room, enclosed rear garden and garage.
Ideally located for the rd&E Hospital, Exeter city centre and excellent local amenities and transport links. Early viewing highly recommended.
A fantastic four double bedroom semi-detached townhouse situated on the highly desirable Masterson Street in St Leonard's, offering generous and versatile accommodation arranged over three floors.
The property benefits from a spacious kitchen/diner, ideal for everyday living and entertaining, alongside a separate living room providing a comfortable additional reception space.
Across the upper floors are four generously sized double bedrooms, with the principal bedroom benefiting from its own en-suite shower room, in addition to a modern family bathroom.
Externally, the property offers an enclosed rear garden and the added benefit of a garage, providing valuable additional storage or parking.
Perfectly positioned within sought-after St Leonard's, the property is ideally located for the rd&E Hospital, Exeter city centre and the popular shops, cafés and amenities of Magdalen Road, with excellent bus routes and transport links close by.
A superb home offering space, location and practicality in one of Exeter's most popular residential areas. Early viewing is highly recommended.
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.
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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 42, Masterson Street, Exeter
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