2-bedroom house · EX1 3BZ
For saleReduced £20k (−8%) on 21 JunListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market without any onward chain, this charming two-bedroom mid-terrace property provides excellent connectivity to the City Centre and the Royal Devon & Exeter Hospital.
Located centrally in Heavitree, the property benefits from its close proximity to the various amenities found on Fore Street, the highly regarded Heavitree Park, and a regular bus service.
The accommodation briefly consists of an entrance hall, a bay-fronted living room with a decorative fireplace, a dining room that includes access to an understairs storage cupboard, and a kitchen.
At the back of the kitchen, there are two storage areas that provide the opportunity to expand the current kitchen's footprint, should one wish to do so and provided that any required planning permissions are obtained.
On the first floor, there are two double bedrooms along with a spacious bathroom. Externally, the property features both front and rear gardens, each designed for low maintenance.
The rear garden also includes pedestrian access via a rear gate leading to a service lane.
Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing to fully appreciate all it has to offer.
Material Information Construction notes: Tbc Heating: Gas Central Heating Utilities: Tbc Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
360 Virtual Tour A 360 degree Virtual Tour is available to view on our web site. Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Lettings Potential Naomi J Ryan Lettings Department have put an estimated rental value on this property of £1200 per calendar month in modernised condition, providing a gross rental yield of 5.8%.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.
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
FAQ
About 37, East Wonford Hill, Exeter
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