2-bedroom bungalow
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £375,000 - £400,000 Coming to the market for the first time in over 25 years, this three-bedroom detached bungalow occupies what could arguably be one of the best locations in St Thomas.
Offering spacious accommodation throughout, the property would benefit from some updating, presenting an exciting opportunity to create a home tailored to your own taste.
Description Outside, a well-tended garden complements the property, while the generous driveway provides parking for 5–6 vehicles, in addition to a double garage with power and lighting.
Ideally positioned in level St Thomas, the bungalow is just a stone’s throw from the local doctors’ surgery, cafés, shops and parks, making this a highly desirable and convenient location.
Rarely available, well positioned and full of potential, this is an opportunity not to be missed.
Required Information Tenure: Freehold Local Authority: Exeter City Council Council Tax Band: C Rights and Restrictions: Tbc Mains: - Water, drainage.
Electric, gas Heating: Gas Central Heating Flood Risk: River & sea - low risk, Surface water – Low risk Parking: Garage and driveway
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
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FAQ
About Vicarage Gardens, Exeter
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