2-bedroom property · EX2 9PQ
Listing removedListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to market this two bedroom park home in Exonia Park, St Thomas, Exeter.
This beautifully presented property benefits from a bright and spacious living room/dining room, a good sized modern fitted kitchen, a modern fitted shower room, two bedrooms and a low maintenance garden.
The property further benefits from UPVC double glazed windows and gas central heating throughout. Viewings are highly recommended.
Situated within the city boundary of Exeter, Exonia Park is an established residential park home estate for the retired and semi-retired, with a range of park homes provided in a friendly and secure environment.
The A30 and M5 are easily accessible, and there is a bus stop near the entrance as well as the amenities of St Thomas close by including medical centre, train station as well as plenty of shops, cafes and a bank.
Approach: Elevated and set back from the road with an attractive, low maintenance front garden.
Dining Room: UPVC double glazed window, UPVC double glazed front door, radiator, space for dining table, coving, ceiling light and wood effect flooring.
Open to: Living Room: A bright and spacious living room with two large UPVC double-glazed windows, TV socket, two radiators, coving, two ceiling lights and carpeted flooring.
Kitchen: A modern fitted kitchen with a range of cream shaker style wall and base units, wood effect worktops, single bowl stainless steel sink with mixer tap and drainer, space for free standing oven/hob, built in extractor fan above, space for free standing fridge/freezer, dishwasher, washer machine, breakfast bar, storage cupboard, radiator, UPVC double glazed window, UPVC double glazed obscured glass door, coving, downlights and wood effect flooring.
Main Bedroom: Double bedroom with UPVC double glazed window, radiator, coving and carpeted flooring. Bedroom Two: Double bedroom with UPVC double glazed window, radiator, coving and carpeted flooring.
Shower Room : Modern fitted shower room with UPVC double glazed obscured glass window, low profile mains powered shower cubicle, vanity sink, close coupled WC, storage cupboard, spotlights, heated towel rail and vinyl flooring.
Pitch: Paved and gravelled to front, two sides and rear as well as a small grassed area to the right side. Steps rising to both sides of the property. Metal shed.
EPC Rating: Exempt Pitch Fee: £560.31 per quarter (£186.77 per month) reviewed annually in February.
Council Tax: Band A Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas.
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.
Area
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FAQ
About Magpie Crescent, Exonia Park, Exeter
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