2-bedroom house · EX2 6AE
Listing removedReduced £10k (−3.8%) on 21 JunListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £250,000 - £260,000: A spacious and well-presented two-bedroom mid-terrace house situated on this sought-after residential street.
The property enjoys an excellent location for access to the Royal Devon and Exeter Hospital, as well as Magdalen Road, which features a variety of independent cafes, restaurants, and shops.
St Luke's University Campus is also conveniently nearby.
The accommodation is spread over two levels and includes an entrance porch, hallway, living room, a modern kitchen/dining room with a practical understairs storage cupboard, and a separate utility room.
The first floor consists of two double bedrooms and a bathroom. Externally, there is a charming enclosed rear garden, which is laid to lawn and includes a paved patio area.
The garden features borders planted with a selection of seasonal plants. A gate allows for pedestrian access to the side.
At the front of the house, there is a private driveway that offers off-road parking for one vehicle. Early internal viewing is highly recommended.
Material Information Estate Management Charge: £386.96 payable for the 2025/26 period. Construction notes: Brick. Utilities: Mains water, electricity, drainage, and gas.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents.
Material Information Construction notes: Utilities: Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Lettings Potential Naomi J Ryan Lettings Department have put an estimated rental value on this property of £1250 per calendar month, providing a gross rental yield of 6%.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.
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
Agent & docs
FAQ
About 10, Alice Templer Close, Exeter
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