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See how verdicts work3-bedroom flat · EX2 4TA
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Spacious Three Bedroom Maisonette with Roof Terrace – Magdalen Road, St Leonards, Exeter Occupying a prime position in one of Exeter's most desirable residential locations, this spacious and well-presented maisonette offers generously proportioned accommodation arranged over two floors, together with a superb private roof terrace.
The property combines comfortable, versatile living space with the convenience of having Magdalen Road's independent shops, cafés and restaurants quite literally on the doorstep.
The accommodation includes a large open-plan living/dining room, kitchen, two double bedrooms, a further single bedroom/study and a bathroom.
The roof terrace provides an excellent outdoor space, ideal for relaxing or entertaining.
Location – Magdalen Road ‘Village' St Leonards is widely regarded as one of Exeter's most desirable residential areas, celebrated for its attractive period architecture, established community and excellent access to the city centre.
At the heart of the neighbourhood is Magdalen Road, a thriving independent shopping destination with a wonderful selection of cafés, delicatessens, specialist food shops, restaurants and other independent businesses.
Whether it's picking up a morning coffee, enjoying a leisurely weekend brunch or shopping for fresh local produce, the area offers a distinctive village atmosphere within easy reach of the city centre.
The property is also exceptionally well placed for Exeter's beautiful green spaces, with nearby parks, riverside walks and cycle routes providing plenty of opportunities to enjoy the outdoors.
For families, the area offers convenient access to highly regarded schools, including Exeter School and The Maynard, together with a selection of state schools.
The Royal Devon & Exeter Hospital and Nuffield Hospital are also close by, making the location particularly convenient for healthcare professionals.
Exeter city centre, with its historic Cathedral, Princesshay shopping centre, theatres, restaurants and leisure facilities, is within comfortable walking distance.
Excellent transport connections are available, including mainline railway services to London Paddington and access to Exeter Airport.
The Accommodation Entrance Lobby: A part-glazed entrance door opens into the lobby, with stairs rising to the first-floor accommodation.
Landing: Double glazed door providing direct access to the roof terrace. Stairs rising to the second floor.
Doors to Living/Dining Room: A spacious and L-shaped reception room, enjoying plenty of natural light from the large double-glazed windows overlooking the front of the property.
The generous proportions provide ample space for both comfortable seating and a dining area, creating a versatile room suited to everyday living and entertaining.
Kitchen: The kitchen is fitted with a range of white gloss wall and base units, with work surfaces and tiled splashbacks.
Appliances and fittings include a four-ring gas hob, electric oven with hood above, stainless steel sink with mixer tap and space for a washing machine and fridge freezer.
A window overlooks the rear roof terrace. Second Floor: Double doors to a good size storage cupboard.
Doors to Bedroom One: A generously proportioned double bedroom with a double glazed window overlooking the front of the property.
Bedroom Two: A further well-proportioned double bedroom with a rear aspect. Bedroom Three / Study: A versatile third bedroom with a window to the front.
Equally suited for use as a home office, study or occasional guest bedroom.
Bathroom: Fitted with a white suite comprising wash basin with cupboard under, low-level WC and a bath in tiled surrounds with chrome shower over.
Heated chrome towel rail and obscure double-glazed windows. Outside: A particularly appealing feature of the property is the generous roof terrace, accessed directly from the landing.
Finished to provide an attractive and practical outdoor space, the terrace offers an excellent setting for alfresco dining and relaxing.
Agents note: Some images have been enhanced with virtual staging.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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