4-bedroom terraced house · EX4 7BQ
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An ideal investment opportunity situated in a convenient position in Monks Road, Exeter, making this a fantastic spot for both student letting and to professional sharers.
The property is let to students for the current 2026/27 academic year, achieving £2,600 per month (£150 per person, per week).
This represents an excellent investment opportunity with a strong and consistent yield in a popular student location.
The internal accommodation is arranged over two floors and briefly comprises an entrance hallway leading through to a spacious living room, a ground floor double bedroom, and a generous kitchen/dining room with access to the rear.
The ground floor also benefits from a separate utility room and a shower room. To the first floor are three further well-proportioned double bedrooms and the main bathroom.
The area of Mount Pleasant has the advantage of a number of amenities nearby, including GP surgeries, convenience stores and green spaces.
Exeter's city centre is also just a short walk away, providing a good number of high street shops, restaurants and cafes.
In addition, the location is ideal for access to both the Streatham university campus, as well as St Lukes, and the benefit of Polsloe Bridge train station.
We are advised by the vendors that this property has been in use as a student house since 2008.
Accommodation The front door opens into an entrance hallway providing access to the principal ground floor rooms.
The living room is situated to the front of the property and offers a comfortable communal space for tenants. Adjacent is a well-sized double bedroom overlooking the rear.
The kitchen/dining room is a generous space fitted with a range of wall and base units, work surfaces, and space for appliances, along with ample room for dining.
A door leads through to the utility room, which in turn provides access to the ground floor shower room and rear of the property, and has a washing machine and a new condensing tumble dryer.
To the first floor, there are three further double bedrooms, all of good proportions, offering ample space relaxing and study.
The accommodation is completed by a bathroom comprising a bath with shower over, wash basin and WC.
Outside To the rear of the property is an enclosed garden, providing pleasant and low maintenance outdoor space. Property Information Tenure: Freehold. Council tax band: C.
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
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FAQ
About Monks Road, Exeter
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