3-bedroom terraced house · EX2 6NN
Sold STCListed 299 days
Opportunity summary
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About
SUMMARY GUIDE PRICE £280,000 - £290,000. A 3 bedroom TERRACED HOUSE located on a small estate, the current seller has done some improvements to the home including brand new double glazing throughout.
Outside there is a low maintenance garden and an ALLOCATED PARKING SPACE. NO CHAIN.
DESCRIPTION GUIDE PRICE £280,000 - £290,000 A 3 bedroom TERRACED HOUSE located on a small estate, with a good sized kitchen/diner ideal for enjoying family meals.
The current seller has done some improvements to the home including brand new double glazing throughout. The location is perfect for schools and access into and out of the City, ideal for commuters.
Outside there is a low maintenance rear garden with patio and lawned gardens, perfect for outside dining in the summer and all enclosed for children to enjoy the space, with an ALLOCATED PARKING SPACE.
The accommodation comprises: Entrance porch, entrance hallway, cloakroom/WC, kitchen/diner, lounge, first floor landing, 3 bedrooms and bathroom/WC. NO CHAIN.
Agents Note There is an easement on the title, please enquire with the branch. Entrance Hall Double glazed obscured door to front, wall mounted radiator.
Downstairs Wc Double glazed obscured front aspect window, low level toilet, wash hand basin, tiling.
Living/ Dining Room Double glazed French doors to rear, double glazed rear aspect window, feature fireplace, wall mounted radiator.
Kitchen/ Diner Double glazed front aspect window, wall and base units, work surfaces, plumbing for washing machine and dish washer, double stainless steel sink unit, gas cooker with extractor over, boiler, storage cupboard with shelves, wall mounted radiator.
Landing Cupboard with shelves (could be used as office space), loft access. Bedroom 1 Double glazed front aspect window, built-in wardrobe, wall mounted radiator.
Bedroom 2 Double glazed rear aspect window, built-in wardrobe. wall mounted radiator. Bedroom 3 Double glazed rear aspect window, wall mounted radiator.
Bathroom Double glazed obscured front aspect window, bath, electric shower, heated towel rail, tiling, low level toilet, wash hand basin, tiled floor.
Rear Garden Patio, lawned area, gate to rear access, further gate, bin store, all enclosed by wall and fencing. Parking Allocated parking space. 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.
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FAQ
About Mortimer Court, Exeter
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