2-bedroom house · EX1 4AX
For saleReduced £5k (−2.2%) on 6 OctListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity for first-time buyers to step onto the property ladder, this well-presented two-bedroom home is situated in the popular Tithebarn area of Exeter, offering modern living in a convenient location close to local amenities, green spaces, and excellent transport links.
The accommodation is thoughtfully arranged, with an open-plan living space on the ground floor creating a bright and sociable environment for everyday living and entertaining.
The kitchen, dining, and living areas flow seamlessly together, while a downstairs WC adds further practicality.
Upstairs, the property offers two well-proportioned bedrooms and a family bathroom, making it an ideal home for individuals, couples, or those looking to purchase their first property.
Outside, the home benefits from an allocated parking space and is perfectly positioned to enjoy everything this growing community has to offer.
Residents can take advantage of nearby green spaces, while the popular Strawberry Fields Café is just a short distance away, providing a wonderful spot to meet friends, enjoy a coffee, or relax on weekends.
Combining modern accommodation, a sought-after location, and excellent local amenities, this is a superb home that is ready for its next owner to move straight in and enjoy.
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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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 17, Norrish Lane, Exeter
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