4-bedroom terraced house · EX2 4LX
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented four-bedroom terraced home, ideally positioned in the heart of the ever-popular St Leonards, offering charm, character and a fantastic location close to Exeter city centre.
A beautifully presented four-bedroom terraced home, ideally situated in the heart of the ever popular St Leonards, offering spacious accommodation arranged over three floors.
The ground floor features a welcoming open-plan living and dining space with a characterful feature fireplace and built-in storage, leading through to a generous kitchen/breakfast room with access to a useful lean-to.
On the first floor, the master bedroom benefits from a charming bay window and feature fireplace, alongside two further bedrooms, one with built-in wardrobes, and a family bathroom.
The second floor offers a further bedroom with a storage cupboard and a large window overlooking the garden.
Outside, the property enjoys a low maintenance garden with a useful storage cupboard and rear gate access. Permit parking is also available, with permits purchasable through the council.
The property is ideally located in the highly sought after area of St Leonards, within easy reach of Exeter city centre and its excellent range of shops, restaurants and amenities.
The area also benefits from nearby green spaces, well regarded schools and convenient transport links, making it an ideal location for a variety of tenants.
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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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 46, East Grove Road, Exeter
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