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See how verdicts work3-bedroom house · EX1 2PU
For saleReduced £50k (−14.3%) on 22 JulListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a highly desirable Heavitree location, just a stone’s throw from the well-regarded Ladysmith School, this attractive three bedroom terraced home offers spacious and well balanced accommodation combined with a lifestyle of real convenience.
The property is ideally positioned to take full advantage of the area’s excellent amenities, including a selection of highly rated and Ofsted “Outstanding” schools, making it a superb choice for families.
The green open spaces of Heavitree Park are also within easy reach, providing the perfect setting for leisurely walks, outdoor recreation, and family days out.
For those needing to commute, the property benefits from excellent transport links, with straightforward access into Exeter city centre, offering a wide range of shopping, dining, and leisure facilities.
Internally, the home is both welcoming and well-proportioned.
The charming lounge to the front is enhanced by a bay window, allowing natural light to flood the room and creating a warm yet airy living space.
To the rear, a generous dining room provides an ideal environment for entertaining or family life, with a natural flow through to the kitchen.
The ground floor is further complemented by the family bathroom. On the first floor, the property offers three well proportioned bedrooms, providing flexible accommodation.
There are two particularly generous double bedrooms, both offering ample space for furnishings and the third bedroom enjoys a pleasant outlook over the rear, making it an ideal child’s room or home office.
Outside, the property continues to impress with a delightful rear garden, thoughtfully designed to be low maintenance while still offering an enjoyable outdoor space.
There is the added benefit of useful storage and access to a service lane for convenience. The property also benefits from residents parking.
Situation Situated on the eastern outskirts of Exeter, Heavitree enjoys a convenient yet community-focused setting, with excellent access to major routes including the M5, A30 and A38 Devon Expressway.
The Royal Devon and Exeter Hospital and the Middlemoor Police Headquarters are both nearby.
Known for its vibrant local atmosphere, Heavitree offers a wide range of amenities including independent shops, cafés, restaurants, a Tesco Express, a doctors’ surgery and regular bus services into Exeter city centre.
The area also benefits from nearby parks and green spaces, making it popular with professionals, families and hospital staff seeking a well-connected lifestyle with a strong sense of community.
Directions From Exeter city centre proceed North via Western Way taking the third exit at the roundabout onto Blackboy Road (B3212).
Carry on along this road into Pinhoe Road taking the right hand turning into Commins Road which leads into Ladysmith Road. The property can be found on the right hand side.
Services: The vendor has advised the following: Mains gas serving the central heating boiler and hot water, mains electricity, water and drainage.
Telephone landline currently connected and under Contract with Sky. Broadband: (FTTP) Currently under Contract with Sky. Download speed 298-314Mbps and Upload speed 39-47 Mbps.
Mobile signal: Several networks currently showing as available at the property including EE, 02, Three and Vodafone.
Agents Note: The vendors advise that there is Artex in the dining room, main bedroom and back bedroom. The property benefits from Residents Parking in Zone S2.
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
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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
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FAQ
About 40, Ladysmith Road, Heavitree
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