We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · EX4 2NF
Listing removedReduced £10k (−3.6%) on 21 JunListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented four-bedroom townhouse in the Red Hills area, offering versatile living across three floors, including a spacious living area, modern kitchen, integral garage, and a low-maintenance garden with raised decking.
Description Situated in the popular Red Hills area of Exeter, this well-presented four bedroom townhouse offers flexible and spacious accommodation arranged over three floors, making it ideal for families or those working from home.
The property is approached via off-road parking to the front and also benefits from an integral garage, providing additional storage or secure parking.
Upon entering, the entrance hall gives access to a generously sized ground floor bedroom, which could also serve as a home office or guest room.
This level also benefits from useful fitted storage beneath the stairs.
Stairs rise to the first floor, where you will find a bright and spacious L-shaped living/dining room, offering an excellent space for both relaxing and entertaining.
A modern fitted kitchen creates a sociable layout while maintaining defined spaces. A convenient cloakroom W.C. Is also located on this floor.
The second floor comprises three further bedrooms, all well-proportioned, along with a family bathroom finished in a modern style.
Externally, the rear garden has been designed for ease of maintenance, featuring a level gravelled patio area, railway sleeper borders to the rear bank, and a raised decked seating area-perfect for outdoor dining or relaxing.
This versatile and well-maintained home offers a great balance of space, practicality, and location, making it an excellent opportunity for a variety of buyers.
Ground Floor Hallway Stairs to first floor. Integrated Garage Up and over door, power and light. Bedroom 1 Front aspect window, two under-stairs storage cupboards, wall mounted radiator.
First Floor Dining Living Room Open plan 'L' shape room with two front aspect windows, rear aspect window and door, electric fire, wall mounted radiator.
Kitchen Rear aspect window, modern wall and base units, work surfaces, sink unit, serving hatch, boiler, space for under counter fridge, freezer, washing machine and oven with extractor over, small wall mounted radiator.
Wc Rear aspect window, low level toilet, wash hand basin, wall mounted radiator, Second Floor Bedroom 2 Front aspect window, wall mounted radiator. Bedroom 3 Rear aspect window, wall mounted radiator.
Bedroom 4 Small box room with large over-stair cupboard. Front aspect window. Bathroom Rear aspect window, corner bath, low level toilet, wash hand basin, wall mounted radiator.
Outside Gravelled driveway parking to front. Rear garden with gravelled patio area, small raised deck, sleeper flower bed, sloped grass bank, fenced surround with mature trees on rear border. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 3, Ripon Close, Exeter
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