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See how verdicts work3-bedroom detached house · EX2 6LR
For saleReduced £50k (−7.7%) on 25 OctListed 193 days
Opportunity summary
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About
An individual and highly desirable riverside home enjoying direct frontage to the River Exe, with south-facing gardens, a balcony and terrace, together with a garage and versatile outbuilding.
Situation - Countess Wear Road occupies a highly sought-after position on the southern fringes of Exeter, lying approximately midway between the cathedral city centre and the estuary town of Topsham.
The property enjoys a unique waterside setting backing directly onto the River Exe, with immediate access to the renowned riverside and estuary cycle paths leading towards Exeter Quay, Topsham and Exmouth.
Local amenities within Countess Wear include a primary school, village hall and popular public house, whilst more extensive facilities can be found in nearby Exeter.
The property is also conveniently placed for access to the M5, A38 and A380, together with Exeter’s mainline railway stations and international airport.
The area is well served by both private and state schooling, as well as leisure facilities including Exeter Golf and Country Club.
Description - The house is arranged over split levels, designed to take full advantage of its elevated position and exceptional outlook across the River Exe and surrounding countryside.
The principal rooms are well orientated towards the water, with a south-facing balcony and terrace providing ideal spaces for outdoor dining and relaxation.
The property also benefits from a separate outbuilding, offering excellent potential for home working or leisure, all set within gardens extending to the river’s edge.
Accommodation - The property is entered at upper ground floor level into an entrance hall.
The sitting room is a well-proportioned and light-filled space, enjoying an attractive outlook over the River Exe and providing access onto the south-facing balcony.
The kitchen/dining room is fitted with a range of modern units and offers space for dining, also opening onto the balcony. Also on this level is a bedroom, together with a utility room and cloakroom.
Stairs lead down to the lower ground floor where there are two further bedrooms, both benefitting from direct access onto the sun terrace, creating a strong connection to the garden and river beyond.
One bedroom is served by an en suite shower room, in addition to a family bathroom.
The accommodation is flexible and could be arranged to suit a variety of requirements, including guest accommodation or working from home.
Outside - To the front of the property there is a garage, providing parking and useful storage.
The rear gardens are a particular feature, extending from a paved sun terrace adjoining the house down to the river bank, with direct frontage onto the River Exe.
The gardens are predominantly laid to lawn and enjoy a southerly aspect.
Within the garden is a detached outbuilding comprising two rooms, ideally suited as a home office or studio, both enjoying fine views across the river.
Services - Utilities: Mains drainage, gas, electricity and water Heating: Gas central heating - boiler fitted 2021 Tenure: Freehold EPC: (D) Council tax band: E Standard and Ultrafast broadband available (Ofcom), EE, Three, O2 and Vodafone mobile network available (Ofcom).
Agents Note - The vendor has advised that the property is subject to restrictive covenants relating to a window in the boundary wall with the neighbouring property.
Please speak to agent for further information. A structural engineer was instructed in 2021 to assess minor historic cracking to the small rear kitchen extension.
The report concluded it was not a cause for concern in terms of structural integrity or health and safety. Please speak to agent for further information.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Countess Wear Road, Exeter
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