2-bedroom house · EX2 9RQ
Listing removedReduced £10k (−3.6%) on 21 JunListed 163 days
Opportunity summary
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About
Summary guide price £280,000 - £290,000.
Leat Cottage is a charming two bedroom home in a conservation area in the desirable village of Ide, offering spacious accommodation, character features, and a peaceful setting backing onto the stream.
Description guide price £280,000 - £290,000.
Situated in a conservation area within the sought-after village of Ide on the outskirts of Exeter, Leat Cottage is an attractive home offering spacious and characterful accommodation in a tranquil setting.
The ground floor features a bright and airy living/dining room with windows to both the front and rear aspects, allowing plenty of natural light throughout the space.
A charming gas, wood effect stove creates a cosy focal point, adding to the cottage feel of the home. The property also benefits from a separate kitchen and utility area, along with a downstairs WC.
Upstairs, there are two generously sized double bedrooms and a bathroom.
The landing opens into a striking mezzanine style area overlooking the entrance hall, creating a unique sense of space and character.
Positioned backing directly onto the stream, the property enjoys a peaceful and picturesque setting, ideal for those seeking village living within easy reach of the city.
This charming home offers a wonderful blend of character, space, and location in one of the area's most desirable villages.
Agents Notes The seller advises that it is not possible to keep boats, caravans or mobile homes on site as the property has no outside curtilage space.
The seller advises that a capped well in the entrance hall was last assessed in 2006, re-sealed and re-screeded.
Living Room Double glazed front and rear window, gas, wood effect stove (not in use), two wall mounted radiators.
Kitchen Double glazed rear aspect window, hand made wooden kitchen with wall and base units, work surfaces, Belfast sink, serving hatch, pantry with sliding door.
Utility Room Washing/ laundry area with separate low level toilet, boiler, under stairs storage. Bedroom 1 Double glazed rear aspect window, fitted wardrobes. Wall mounted radiator.
Bedroom 2 Double glazed front aspect window, wall mounted radiator. Bathroom Double glazed side aspect window, bath with electric shower over, low level toilet, wash hand basin, wall mounted radiator.
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
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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
Agent & docs
FAQ
About 32, Fore Street, Exeter
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