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See how verdicts work1-bedroom property · EX2 7DX
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to market this one bedroom park home in the popular site of Newport Park, Near Topsham.
This beautifully presented park home has been recently renovated to a high standard and benefits from a spacious living room, newly fitted modern kitchen with integrated appliances, a double bedroom with built in wardrobes, a newly fitted modern shower room with walk in double shower, a wrap around garden and an off road parking space.
Exclusively for the over 50s this park home is located on the edge of Topsham in a prime location on the beautiful banks of the River Exe.
This site offers safe living for the residents, and is a 10 minute bus ride from the centre of Exeter, and the golden sands of the Jurassic coast to the south.
Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
The town is steeped in history and famed for its ship-building past and the Dutch architecture found in the older part of the town and in particular The Strand.
With easy commuting and access to the M5, only a 5 minute drive away, Topsham is also well served by rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St Davids, connecting it to the national network. Exeter airport is some 5 miles away.
Living Room: A bright and spacious living room with a large upvc double glazed bay windows to front, upvc double glazed door to side, radiator, TV socket, telephone socket and carpeted flooring.
Wooden door leading to: Kitchen: A newly fitted modern kitchen with a range of cream wall and base units, wood effect worktops, single bowl stainless steel sink and drainer with mixer tap, integrated oven, 4 ring gas hob, integrated under counted fridge, integrated washing machine, newly installed combi boiler, upvc double glazed window and wood effect vinyl flooring.
Shower Room: A newly fitted modern shower room with walk in double shower (electrically powered), pedestal sink, close coupled WC, chrome heated towel rail, upvc double glazed obscured glass window and wood effect vinyl flooring.
Bedroom One: Spacious master bedroom with two upvc double glazed windows, radiator, fitted wardrobe and carpeted flooring.
Garden: The property has a wraparound garden with a sizeable front garden, with lawn and a raised decking. Patio, and gravelled to the rear for ease of maintenance.
There is also a good sized brick built shed as well as a green house. Parking: There is an allocated parking space directly outside the property.
EPC Rating: Exempt Pitch Fee: £214.41 per month and reviewed annually in January. Services: Main gas supplied and water is payable on an individual water meter.
Council Tax: Band A Pets Permitted: Ask for More Details
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 Second Avenue, Newport Park, Exeter
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