3-bedroom terraced house · EX4 9DZ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented three bedroom terraced property has been modernised throughout by the current landlord.
The property has good sized front and rear gardens and is situated close to local shops and transport links. Gas Central heating and double glazing.
Steps down to uPVC obscure glazed front door leading to... Entrance Hall Stairs leading to first floor with storage underneath, telephone point, radiator, door leading to...
Living Room (3.65m x 7.2m (12' 0" x 23' 7")) Dual aspect room with double glazed windows overlooking front and double patio doors to rear garden, feature modern electric fire, TV point, two radiators, opening into...
Kitchen (2.65m x 3.04m (8' 8" x 10' 0")) Double glazed window overlooking rear garden and obscure glazed patio door opening onto rear garden, matching base and eye level units, stainless steel one and a half sink and drainer with mixer tap, fitted breakfast bar, integrated electric oven and hob with overhead extractor and splashback, integrated dishwasher and washing machine, storage cupboard housing electric meter and consumer unit.
Stairs Rise To The First Floor Landing Hatch to loft space, doors to... Bedroom One (3.03m x 3.67m (9' 11" x 12' 0")) Double glazed windows overlooking front garden, radiator.
Bedroom Two (3.4m x 3.03m (11' 2" x 9' 11")) Double glazed window overlooking rear garden, airing cupboard housing gas combination boiler for central heating and hot water, radiator.
Bedroom Three (2.38m x 2.43m (7' 10" x 8' 0")) Double glazed window overlooking front, radiator.
Bathroom Obscure double glazed windows to rear, modern white suite comprising WC, pedestal wash basin with mixer tap and panelled bath with electric shower and concertina glass shower screen, fully tiled, ladder style radiator.
Outside To the front of the property there are steps leading down to the front door with a gravelled area and various mature shrubs.
To the rear of the property there is a good size garden with patio and pathway leading passed the lawn to a good size storage shed.
The garden is fully enclosed with mature trees, shrubs and herbaceous borders. Agents Note Off Street parking is in front of the garage.
The use of the garage is available through separate negotiation.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Iolanthe Drive, Exeter
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