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 work8-bedroom terraced house · EX4 6DA
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This is a very spacious 8 bedroom Licenced student investment property with a current tenancy in place and a contract agreed for the 2026/2027 academic year with a rental income of £5,896.00 pcm.
The property further benefits from gas fired central heating, a separate communal living room, dining room and pleasant enclosed rear gardens and is situated in a prime student location handy for the main University campus of Streatham and Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Entrance door to Vestibule: Ceiling architrave, quarry tiled flooring, part glazed door to Hallway: Radiator, feature arch, quarry tiled flooring, stairs rising to the first floor with cupboard below.
Living Room: 5.28m (17'4") x 4.60m (15'1") into bay. Radiator, picture rail, aspect to the front.
Bedroom One: 4.37m (14'4") x 3.99m (13'1") Radiator, ceiling architrave, wash hand basin with tiled splash backs, aspect to the side and rear.
Dining Room: 3.89m (12'9") x 3.86m (12'8") into door recess. Radiator, recess in chimney breast housing boiler supplying domestic hot water and central heating, wood surround and mantel piece.
Kitchen: 3.96m (13'0") x 3.63m (11'11") Radiator, double stainless steel single drainer sink unit with hot and cold mixer tap, work surfaces with cupboards, drawers and appliance spaces below, plumbing for washing machine, tiled splash backs, wall mounted cupboard units, two cooker panels, cooker hood.
Shower Room: 4.11m (13'6") x 1.35m (4'5") Radiator, shower tray with wall mounted mains mixer shower and screen door, extractor fan, wash hand basin with tiled splash backs, low level w/c.
First Floor Half Landing: Separate W/c: Radiator, close coupled w/c, tiled surround and flooring.
Bathroom: 2.46m (8'1") x 1.70m (5'7") Radiator, towel rail, panel bath with wall mounted electric shower and screen, pedestal wash basin, part tiled surround.
Bedroom Two: 3.86m (12'8") x 2.44m (8'0") Radiator, wash hand basin with tiled splash backs, aspect over the rear garden. Bedroom Three: 3.96m (13'0") x 2.69m (8'10") into alcove.
Radiator, cast iron fireplace with wood surround and mantel piece, wash hand basin with tiled splash backs, aspect to the side. Bedroom Four: 3.99m (13'1") x 3.12m (10'3") into alcove.
Radiator, cast iron fireplace with wood surround and mantel piece, wash hand basin with tiled splash backs, aspect to the side. Bedroom Five: 5.28m (17'4") x 4.57m (15'0") into bay.
Radiator, wash hand basin, picture rail, aspect to the front. Second Floor Landing: Radiator. Bedroom Six: 3.96m (13'0") x 2.82m (9'3") into alcove.
Radiator, cast iron fireplace with wood surround and mantel piece, wash hand basin with tiled splash backs, aspect to the side. Bedroom Seven: 3.96m (13'0") x 2.90m (9'6") into alcove.
Radiator, cast iron fireplace with wood surround and mantel piece, wash hand basin with tiled splash backs, aspect to the side.
Bedroom Eight: 4.75m (15'7") x 4.32m (14'2") Radiator, covered fireplace with wood surround and mantel piece, wash hand basin, aspect to the front.
Outside Rear Garden: Enclosed gardens laid to level lawn and paved patio with a pedestrian access to service lane. Front: Car hardstand.
Agents Notes: Council Tax: Exeter City Council – Band F (Currently zero rated) EPC E (54) For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Powderham Crescent, Exeter
Explore nearby
