3-bedroom house · EX2 7AT
For saleReduced £25k (−7.1%) on 15 SepListed 74 days
Opportunity summary
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About
Description Caroline Avenue is located in the heart of the popular Newcourt area, offering excellent access to all major road networks, whilst also within walking distance to Newcourt train station and Trinity primary school.
On entering, a welcoming entrance hall flows nicely into a light and spacious, open plan kitchen/living/family room.
The modern fitted kitchen offers ample space and with patio doors leading into the garden, this is the perfect space to entertain.
The ground floor is complete with useful WC and integral door leading into the garage.
The first floor offers a great degree of versality, with one double bedroom and en-suite, further single room and formal living room which could also make for a fourth bedroom.
The first floor also benefits from a modern fitted family bathroom. The top floor hosts a generous master suite, with large bedroom, dressing area and stylish en-suite.
Outside, the property enjoys an attractive, fully enclosed rear garden with extended patio and seating area and level lawn. Immediately to the side, the property also benefits from a garage.
Council Tax Band: D Tenure: Freehold Entrance Hall Front door to front aspect, radiator, stairs leading to first floor, door through to Kitchen/Diner/Family Room A range of upgraded modern fitted wall and base units with square edge work surfaces, integrated electric oven, induction hob, extractor fan over, decorative tiled surrounding, integrated microwave, space and plumbing for dishwasher, one and a half sink drainer with mixer tap over, obscure front double glazed window.
The dining area has space for family size dining room table and chairs, under stairs storage cupboards, radiator.
The family area, radiator, french double glazed doors to the rear garden, two floor to ceiling rear double glazed windows. Cloakroom Modern low level wc, pedestal basin, radiator.
Landing Radiator, built in airing cupboard. Living Room Could also be used as a additional bedroom, radiator, front double glazed window.
Bedroom 2 L-Shaped double bedroom, radiator, rear double glazed window. En-Suite Shower cubicle, radiator, wc, rear double glazed window.
Bedroom 3 Large single bedroom, radiator, front double glazed window.
Bathroom Matching three piece suite, panel bath, shower over, pedestal basin, modern low level wc, radiator, obscure rear double glazed window, door leading through to stairs leading up to second floor.
Second Floor Front double glazed window.
Master Bedroom Generous master bedroom with dressing area and office space, two radiators, storage in the eaves, front double glazed window, two rear Velux double glazed windows and rear double glazed window.
En-Suite Generous master en-suite, double shower cubicle, modern low level wc, modern wash hand basin with vanity unit, obscure front double glazed window, Velux rear double glazed window.
Garage Integral garage, one and a half size garage in tandam with roller door, utility space with plumbing for washing machine, space for tumble drier, rear door leading out onto rear garden.
Rear Garden Extended patio area, lawned garden with a veg patch with a mixture of mature shrubs and plants, outside tap, side gate leading to the front of the property.
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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About 2 Caroline Avenue, Exeter
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