2-bedroom terraced house · EX1 2TJ
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Roseland Crescent, this mid-terraced house comes with well proportioned accommodation arranged over three storeys and presents a rare opportunity for those looking to invest in a property with immense potential.
Having been cherished by the same family for over 60 years, this three-bedroom home is now ready for a new chapter.
While the property is currently in a dated condition, it offers a blank canvas for builders and developers eager to undertake a renovation project, with the possibility of extending, subject to obtaining the necessary planning permissions.
One of the standout features of this home is its enviable location, just a mere 50 yards from the picturesque Heavitree Park.
The rear garden, which includes a gate providing direct access to the park, is particularly appealing for dog owners, young families, and those who relish outdoor dining and entertaining.
The serene backdrop of trees in the park creates a delightful atmosphere, perfect for enjoying the outdoors.
Heavitree Park is renowned as one of Exeter's most popular parks, offering a variety of recreational activities and leisure facilities, including a vibrant café and community hub.
The property is conveniently located within walking distance of St Michaels Primary Academy, Ladysmith Junior School, Heavitree Health Centre, and a range of local amenities, including shops and cafés.
The area is well-served by public transport, with regular bus services to the city centre, and excellent transport links to the M5 Motorway, Exeter Business Park, and Exeter International Airport.
This property not only offers a fantastic opportunity for renovation but also the chance to become part of a vibrant community in one of Exeter's most desirable areas.
Whether you are looking to create your dream home or invest in a property with great potential, this house is not to be missed.
Entrance Vestibule & Hall - Lounge - 3.84m x 3.76m (12'7" x 12'4") - Measurements taken into bay window and alcoves. Bedroom 3 - 3.38m x 3.15m (11'1" x 10'4" ) - Measurements taken into alcoves.
On the Lower Ground Floor Kitchen/Dining Room - 3.69m x 3.20m (12'1" x 10'5") - Rear Lobby - Bathroom - 2.49m x 2.04m (8'2" x 6'8") - Rear Lobby - Doors to bathroom and lean to Lean To - 2.56m x 2.38m (8'4" x 7'9") - On The First Floor Landing - Bedroom 1 - 4.85m x 3.87m (15'10" x 12'8" ) - Measurements taken into bay window and alcoves.
Bedroom 2 - 3.38m x 3.15m (11'1" x 10'4") - Rear Garden - The property also backs onto Heavitree Park and the rear garden comes with a gate providing immediate access onto the park which will appeal, in particular, to dog owners, young families and those who enjoy a touch of ‘alfresco style' eating and entertaining; the back drop of trees in the park creating a very special ambience.
Parking - Residents in this area benefit from ‘on street’ permit parking.
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.
Area
Agent & docs
FAQ
About Roseland Crescent, Heavitree, Exeter
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